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Rep. Michael J. Zalewski
Filed: 4/5/2011
| | 09700HB1218ham002 | | LRB097 00543 HLH 53914 a |
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1 | | AMENDMENT TO HOUSE BILL 1218
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2 | | AMENDMENT NO. ______. Amend House Bill 1218, AS AMENDED, |
3 | | with reference to page and line numbers of House Amendment No. |
4 | | 1, on page 2, line 9, by replacing " street address " with |
5 | | " street address on file with the county collector "; and
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6 | | on page 4, line 21, by replacing " street address " with " street |
7 | | address on file with the county collector "; and |
8 | | on page 6, by replacing lines 16 through 22 with the following: |
9 | | "appropriate . Beginning on January 1, 2013, in counties with |
10 | | more than 10,000 inhabitants, the collector shall employ an |
11 | | automated bidding system that is programmed to accept the |
12 | | lowest redemption price bid by an eligible tax purchaser, |
13 | | subject to the penalty percentage limitation set forth in |
14 | | Section 21-215. Beginning on January 1, 2013, in counties with |
15 | | 10,000 or fewer inhabitants, either (i) the collector shall |
16 | | employ an automated bidding system that is programmed to accept |