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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB0403 Introduced 2/8/2011, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: | | |
Amends the Property Tax Code. Makes a technical change in a Section
concerning the bond of the collector.
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| | A BILL FOR |
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| | SB0403 | | LRB097 04254 HLH 44293 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Property Tax Code is amended by changing |
5 | | Section 19-60 as follows:
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6 | | (35 ILCS 200/19-60)
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7 | | Sec. 19-60. Bond as security for taxes collected. The
The |
8 | | bond of every county
or township collector shall be held to be |
9 | | security for the payment by the
collector to the county |
10 | | treasurer and the taxing districts and proper
authorities, of |
11 | | all taxes, special assessments which are collected or received
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12 | | on their behalf, and of all penalties which are recovered |
13 | | against him. |
14 | | (Source: P.A. 90-655, eff. 7-30-98.)
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