94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB4946

 

Introduced 1/19/2006, by Rep. Frank J. Mautino

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/21-205

    Amends the Property Tax Code. Provides that, at a tax sale, the bidders must orally announce their bids, and the treasurer must allow sufficient time for all bids to be orally presented.


LRB094 19086 BDD 54595 b

 

 

A BILL FOR

 

HB4946 LRB094 19086 BDD 54595 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 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. The bidders must orally announce their bids, and the
15 treasurer must allow sufficient time for all bids to be orally
16 presented. However, in any county with 3,000,000 or more
17 inhabitants, the offer for sale shall be made between 8:00 a.m.
18 and 8:00 p.m. The collector's office shall be kept open during
19 all hours in which the sale is in progress. The sale shall be
20 continued from day to day, until all property in the delinquent
21 list has been offered for sale. However, any city, village or
22 incorporated town interested in the collection of any tax or
23 special assessment, may, in default of bidders, withdraw from
24 collection the special assessment levied against any property
25 by the corporate authorities of the city, village or
26 incorporated town. In case of a withdrawal, there shall be no
27 sale of that property on account of the delinquent special
28 assessment thereon.
29 (Source: P.A. 76-2254; 88-455.)