Bill Status of SB 1710   97th General Assembly


Short Description:  PROP TX-TAX SALE-PENALTY BIDS

Senate Sponsors
Sen. William R. Haine

Last Action  View All Actions

DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/21-205
35 ILCS 200/21-215

Synopsis As Introduced
Amends the Property Tax Code. Provides that all tax sales that are not conducted using automated means shall be videotaped. In a Section concerning penalty bids, provides that the collector may, at his or her discretion, declare the taxes forfeited if multiple simultaneous bids of the same percentage are made and those bids are the lowest. Provides that, if there are multiple bids for 0%, then the collector shall randomly select one of the bidders to be the purchaser of the property. Provides that, during the sale, each bidder's penalty percentage shall be disclosed to the other bidders. Provides that bidders shall have the opportunity to reduce their bids during the sale after previous bids have been disclosed. Provides that a record of the winning bid and the name of the tax purchaser shall be open to public inspection.

Senate Committee Amendment No. 1
Adds reference to:
35 ILCS 200/21-310
35 ILCS 200/21-315

Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Provides that provisions of the introduced bill related to (i) certification of automated tax sales by the Department, (ii) videotaping of automated tax sales, and (iii) disclosure of bidder's percentages to other bidders apply only in counties with less than 3,000,000 inhabitants. Further amends the Property Tax Code. Allows the court to declare a sale in error, upon application of the property owner, when the sale was not videotaped or when certain other procedures were not followed. Provides that the court may require the property owner to pay an equitable penalty.

Actions 
DateChamber Action
  2/9/2011SenateFiled with Secretary by Sen. William R. Haine
  2/9/2011SenateFirst Reading
  2/9/2011SenateReferred to Assignments
  2/23/2011SenateAssigned to Revenue
  3/3/2011SenatePostponed - Revenue
  3/8/2011SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
  3/8/2011SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/9/2011SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
  3/10/2011SenateSenate Committee Amendment No. 1 Postponed - Revenue
  3/10/2011SenatePostponed - Revenue
  3/16/2011SenateSenate Committee Amendment No. 1 Adopted
  3/17/2011SenateDo Pass as Amended Revenue; 008-000-000
  3/17/2011SenatePlaced on Calendar Order of 2nd Reading March 17, 2011
  7/23/2011SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/8/2013SenateSession Sine Die

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