93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
SB2438


 
Introduced 2/3/2004, by Denny Jacobs
 
SYNOPSIS AS INTRODUCED:
 		













30 ILCS 105/5.625 new






35 ILCS 200/21-246 new










    Amends the Property Tax Code. Provides that the county collector in each
county shall assess to the purchaser of property for delinquent taxes an
education fee of $2 per parcel. Provides that
50% of the fees
collected shall be
deposited into the County Officials Education Fund, a special fund hereby
created in the
State treasury, and shall be used, subject to appropriation, by the University
of Illinois for
the purpose of providing continuing educational programs for county officials.
Provides
that 50% of the fees
collected shall be
retained by the county treasurer for deposit into a special fund which shall be
used solely
for the administration of the county's tax sale program. Amends the State
Finance Act to
create the Fund.  Effective immediately.



















LRB093 17796 SJM 46325 b




















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 














SB2438

LRB093 17796 SJM 46325 b









1
    AN ACT concerning taxes. 

 
2
    Be it enacted by the People of the State of Illinois, 
3
represented in the General Assembly: 


 
4
    Section 5. The State Finance Act is amended by adding 
5
Section 5.625 as
follows:


 
6
    (30 ILCS 105/5.625 new)

7
    Sec. 5.625. The County Officials Education Fund.

 
8
    Section 10. The Property Tax Code is amended by adding 
9
Section 21-246 as
follows:


 
10
    (35 ILCS 200/21-246 new)

11
    Sec. 21-246. Education fee.  The county collector in each 
12
county shall assess
to
the purchaser of property for delinquent 
13
taxes an education fee of $2 per
parcel. The fee
shall be paid 
14
at the time of purchase and shall be collected in the same 
15
manner
as other
fees and costs.

16
    The fees shall be deposited as follows:

17
        (1) 50% of all fees collected under this Section shall 
18
    be deposited into
the
County Officials Education Fund. 
19
    Moneys in the Fund, subject to appropriation,
shall be used 
20
    by the University of Illinois for the purpose of providing

21
    continuing
educational programs for county officials.

22
        (2) 50% of all fees collected under this Section shall 
23
    be retained by the
county treasurer
for
deposit into a 
24
    special fund which shall be used solely for the 
25
    administration
of the
county's tax sale program.



 
26
    Section 99. Effective date. This Act takes effect upon 
27
becoming law.