093_HB3601
LRB093 03783 SJM 03818 b
1 AN ACT regarding taxes.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Property Tax Code is amended by changing
5 Section 21-265 as follows:
6 (35 ILCS 200/21-265)
7 Sec. 21-265. Scavenger sale; persons ineligible to bid
8 or purchase.
9 (a) No person, except a unit of local government, shall
10 be eligible to bid or receive a certificate of purchase at
11 any sale under Section 21-260 unless that person has
12 completed and delivered to the county clerk a true, accurate
13 and complete application for certificate of purchase which
14 shall affirm that:
15 (1) the person has not bid upon or applied to
16 purchase any property at the sale for a person who is the
17 party or agent of the party who owns the property or is
18 responsible for the payment of the delinquent taxes;
19 (2) the person is not, nor is he or she the agent
20 for, the owner or party responsible for payment of the
21 general taxes on any property which is located in the
22 same county in which the sale is held and which is tax
23 delinquent or forfeited for all or any part of each of 2
24 or more years, excepting any year for which a certificate
25 of error issued under Sections 14-15, 14-20 and 14-25 is
26 pending for adjudication; and
27 (3) the person, although otherwise eligible to bid,
28 has not either directly or through an agent twice during
29 any previous sale in the last 3 calendar years the same
30 sale failed to complete a purchase by the immediate
31 payment of the minimum bid or the payment of the balance
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1 of a bid within the time provided by Section 21-260.
2 (Source: P.A. 86-949; 87-669; 88-455.)
3 Section 99. Effective date. This Act takes effect upon
4 becoming law.