95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB0454

 

Introduced 1/29/2007, by Rep. David R. Leitch

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/22-5

    Amends the Property Tax Code. Makes changes to the form of the notice of sale and redemption rights. Effective immediately.


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A BILL FOR

 

HB0454 LRB095 07332 BDD 27473 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 22-5 as follows:
 
6     (35 ILCS 200/22-5)
7     Sec. 22-5. Notice of sale and redemption rights. In order
8 to be entitled to a tax deed, within 4 months and 15 days after
9 any sale held under this Code, the purchaser or his or her
10 assignee shall deliver to the county clerk a notice to be given
11 to the party in whose name the taxes are last assessed as shown
12 by the most recent tax collector's warrant books, in at least
13 10 point type in the following form completely filled in:
14
TAKE NOTICE
15     County of ...............................................
16     Date Taxes Premises Sold ................................
17     Certificate No. .........................................
18     Sold for General Taxes of (year) ........................
19     Sold for Special Assessment of (Municipality)
20     and special assessment number ...........................
21     Warrant No. ............... Inst. No. .................
22
THE PROPERTY TAXES ON THIS PROPERTY HAVE HAS BEEN SOLD FOR
23
NONPAYMENT DELINQUENT TAXES

 

 

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1 Property located at .........................................
2 Legal Description or Permanent Index No. ....................
3 .............................................................
4 .............................................................
5     This notice is to advise you that the property taxes on the
6 above property have has been sold for nonpayment delinquent
7 taxes and that the period of redemption from the sale will
8 expire on ...................................................
9     This notice is also to advise you that a petition will be
10 filed for a tax deed which will transfer title and the right to
11 possession of this property if redemption is not made on or
12 before ......................................................
13     At the date of this notice the total amount which you must
14 pay in order to redeem the above property is ................
15
YOU ARE URGED TO REDEEM IMMEDIATELY TO
16
PREVENT LOSS OF PROPERTY
17     Redemption can be made at any time on or before .... by
18 applying to the County Clerk of .... County, Illinois at the
19 County Court House in ...., Illinois.
20     The above amount is subject to increase at 6 month
21 intervals from the date of sale. Check with the county clerk as
22 to the exact amount you owe before redeeming. Payment must be
23 made by certified check, cashier's check, money order, or in
24 cash.
25     For further information contact the County Clerk
26 ADDRESS:............................

 

 

HB0454 - 3 - LRB095 07332 BDD 27473 b

1 TELEPHONE:..........................
 
2
...............................
3
Purchaser or Assignee
4
Dated (insert date).

 
5     Within 10 days after receipt of said notice, the county
6 clerk shall mail to the addresses supplied by the purchaser or
7 assignee, by registered or certified mail, copies of said
8 notice to the party in whose name the taxes are last assessed
9 as shown by the most recent tax collector's warrant books. The
10 purchaser or assignee shall pay to the clerk postage plus the
11 sum of $10. The clerk shall write or stamp the date of
12 receiving the notices upon the copies of the notices, and
13 retain one copy.
14 (Source: P.A. 94-380, eff. 7-29-05.)
 
15     Section 99. Effective date. This Act takes effect upon
16 becoming law.