093_SB1546eng SB1546 Engrossed LRB093 04045 MKM 04084 b 1 AN ACT in relation to municipalities. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Special Assessment Supplemental Bond and 5 Procedures Act is amended by changing Section 55 as follows: 6 (50 ILCS 460/55) 7 Sec. 55. County clerk may collect. Pursuant to the 8 Illinois constitutional and statutory provisions relating to 9 intergovernmental cooperation, the county clerk of any county 10 in which property subject to a special assessment is located 11 may, but shall not be required to, agree to mail bills for a 12 special assessment with the regular tax bills of the county, 13 or otherwise as may be provided by a special assessment law. 14 If the clerk agrees to mail such bills with the regular tax 15 bills, then the annual amount due as of January 2 shall 16 become due instead in even installments with each tax bill 17 made during the year in which such January 2 date occurs, 18 thus deferring to later date in the year the obligation to 19 pay the assessments. If the county clerk does not agree to 20 mail the bills, or if the municipality declines to request 21 the county clerk to mail the bills, the municipality may bill 22 the annual amount due, as of January 2nd, in 2 even 23 installments due on or about the due date for the real estate 24 tax bills issued by the county clerk during the year in which 25 the January 2nd date occurs, thereby deferring the obligation 26 to pay the assessment installment to later dates in that 27 year. 28 (Source: P.A. 90-480, eff. 8-17-97.) 29 Section 99. Effective date. This Act takes effect on 30 January 1, 2004.