Rep. Calvin L. Giles

Filed: 03/31/04

 

 


 

 


 
09300HB4501ham002 LRB093 18538 MKM 49365 a

1
AMENDMENT TO HOUSE BILL 4501

2     AMENDMENT NO. ______. Amend House Bill 4501, AS AMENDED, by
3 replacing everything after the enacting clause with the
4 following:
 
5     "Section 5. The Property Tax Code is amended by changing
6 Section 21-45 as follows:
 
7     (35 ILCS 200/21-45)
8     Sec. 21-45. Failure to issue tax bill in prior year. In the
9 event no tax bill was issued as provided in Section 21-30, on
10 any property in any previous year for any reason, one tax bill
11 shall be prepared and mailed by July 1 of the year subsequent
12 to the year in which no tax bill was issued, and taxes on that
13 property for that year only shall bear interest after the first
14 day of August of that year at the rate of 1 1/2% per month or
15 portion of the month thereof until paid or forfeited.
16 (Source: P.A. 87-17; 88-455.)".