HB4362 Engrossed LRB094 16150 BDD 51390 b

1     AN ACT concerning revenue.
 
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 21-205 as follows:
 
6     (35 ILCS 200/21-205)
7     Sec. 21-205. Tax sale procedures. The collector, in person
8 or by deputy, shall attend, on the day and in the place
9 specified in the notice for the sale of property for taxes, and
10 shall, between 9:00 a.m. and 4:00 p.m., or later at the
11 collector's discretion, proceed to offer for sale, separately
12 and in consecutive order, all property in the list on which the
13 taxes, special assessments, interest or costs have not been
14 paid. However, in any county with 3,000,000 or more
15 inhabitants, the offer for sale shall be made between 8:00 a.m.
16 and 8:00 p.m. The collector's office shall be kept open during
17 all hours in which the sale is in progress. The sale shall be
18 continued from day to day, until all property in the delinquent
19 list has been offered for sale. However, any city, village or
20 incorporated town interested in the collection of any tax or
21 special assessment, may, in default of bidders, withdraw from
22 collection the special assessment levied against any property
23 by the corporate authorities of the city, village or
24 incorporated town. In case of a withdrawal, there shall be no
25 sale of that property on account of the delinquent special
26 assessment thereon.
27     In every sale of property pursuant to the provisions of
28 this Code, the collector may employ any automated means that
29 the collector deems appropriate, provided that bidders are
30 required to personally attend the sale. The changes made by
31 this amendatory Act of the 94th General Assembly are
32 declarative of existing law.

 

 

HB4362 Engrossed - 2 - LRB094 16150 BDD 51390 b

1 (Source: P.A. 76-2254; 88-455.)