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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 SB2923 Introduced 2/18/2016, by Sen. Toi W. Hutchinson SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that, in Cook County, for tax year 2014 and each tax year thereafter, all applications for judgment and order of sale for taxes and special assessments on delinquent properties shall be made within 365 days after the second installment due date (currently, by May 1, 2016 for tax year 2014, by March 1, 2017 for tax year 2015, and within 90 days after the second installment due date for tax year 2016 and each tax year thereafter). Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | SB2923 | | LRB099 18788 HLH 43172 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,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Property Tax Code is amended by changing |
5 | | Section 21-150 as follows:
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6 | | (35 ILCS 200/21-150)
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7 | | Sec. 21-150. Time of applying for judgment. Except as |
8 | | otherwise provided in
this Section or by ordinance or |
9 | | resolution enacted under subsection (c) of
Section 21-40, in |
10 | | any county with fewer than 3,000,000 inhabitants, all |
11 | | applications for judgment and order of sale for taxes and
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12 | | special assessments on delinquent properties shall be made |
13 | | within 90 days after the second installment due date. In Cook |
14 | | County, all applications for judgment and order of sale for |
15 | | taxes and special assessments on delinquent properties shall be |
16 | | made (i) by July 1, 2011 for tax year 2009, (ii) by July 1, 2012 |
17 | | for tax year 2010, (iii) by July 1, 2013 for tax year 2011, |
18 | | (iv) by July 1, 2014 for tax year 2012, (v) by July 1, 2015 for |
19 | | tax year 2013, and (vi) within 365 (vi) by May 1, 2016 for tax |
20 | | year 2014, (vii) by March 1, 2017 for tax year 2015, and (viii) |
21 | | within 90 days after the second installment due date for tax |
22 | | year 2014 2016 and each tax year thereafter. In those counties |
23 | | which have adopted an ordinance under Section
21-40, the |