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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Section 21-205 as follows:
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| 6 | (35 ILCS 200/21-205)
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| 7 | Sec. 21-205. Tax sale procedures. | ||||||
| 8 | (a) The collector, in person or by deputy,
shall attend, on | ||||||
| 9 | the day and in the place specified in the notice for the sale
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| 10 | of property for taxes, and shall, between 9:00 a.m. and 4:00 | ||||||
| 11 | p.m., or later at
the collector's discretion, proceed to offer | ||||||
| 12 | for sale, separately and in
consecutive order, all property in | ||||||
| 13 | the list on which the taxes, special
assessments, interest or | ||||||
| 14 | costs have not been paid. However, in any county with
3,000,000 | ||||||
| 15 | or more inhabitants, the offer for sale shall be made between | ||||||
| 16 | 8:00
a.m. and 8:00 p.m. The collector's office shall be kept | ||||||
| 17 | open during all hours
in which the sale is in progress. The | ||||||
| 18 | sale shall be continued from day to day,
until all property in | ||||||
| 19 | the delinquent list has been offered for sale. However,
any | ||||||
| 20 | city, village or incorporated town interested in the collection | ||||||
| 21 | of any tax
or special assessment, may, in default of bidders, | ||||||
| 22 | withdraw from collection the
special assessment levied against | ||||||
| 23 | any property by the corporate authorities of
the city, village | ||||||
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| 1 | or incorporated town. In case of a withdrawal, there shall be
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| 2 | no sale of that property on account of the delinquent special | ||||||
| 3 | assessment
thereon.
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| 4 | (b) Until January 1, 2013, in every sale of property | ||||||
| 5 | pursuant to the provisions of this Code, the collector may | ||||||
| 6 | employ any automated means that the collector deems | ||||||
| 7 | appropriate. Beginning on January 1, 2013, either (i) the | ||||||
| 8 | collector shall employ an automated bidding system that is | ||||||
| 9 | programmed to accept the lowest redemption price bid by an | ||||||
| 10 | eligible tax purchaser, subject to the penalty percentage | ||||||
| 11 | limitation set forth in Section 21-215, or (ii) all tax sales | ||||||
| 12 | shall be digitally recorded with video and audio. All bidders | ||||||
| 13 | are required to personally attend the sale and, if automated | ||||||
| 14 | means are used, all hardware and software used with respect to | ||||||
| 15 | those automated means must be certified by the Department and | ||||||
| 16 | re-certified by the Department every 5 years. If the tax sales | ||||||
| 17 | are digitally recorded and no automated bidding system is used, | ||||||
| 18 | then the recordings shall be maintained by the collector for a | ||||||
| 19 | period of at least 3 years from the date of the tax sale. The | ||||||
| 20 | changes made by this amendatory Act of the 94th General | ||||||
| 21 | Assembly are declarative of existing law.
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| 22 | (c) County collectors may adopt a single bidder rule to | ||||||
| 23 | prohibit tax bidders from registering more than one related | ||||||
| 24 | bidding entity. | ||||||
| 25 | (d) County collectors may, when applicable, eject tax | ||||||
| 26 | bidders who disrupt the tax sale or use illegal bid practices. | ||||||
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| 1 | (Source: P.A. 97-557, eff. 7-1-12; 97-1125, eff. 8-28-12.)
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