96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5144

 

Introduced 1/29/2010, by Rep. Michael G. Connelly

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/21-95

    Amends the Property Tax Code. Provides that, if a park district acquires property through the foreclosure of a lien, through a judicial deed, through the foreclosure of receivership certificate lien, or by acceptance of a deed of conveyance in lieu of foreclosing any lien against the property, all due or unpaid property taxes and existing liens for unpaid property taxes imposed or pending under any law or ordinance of this State or any of its political subdivisions are null and void. Effective immediately.


LRB096 17571 HLH 32928 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5144 LRB096 17571 HLH 32928 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 21-95 as follows:
 
6     (35 ILCS 200/21-95)
7     Sec. 21-95. Tax abatement after acquisition by a
8 governmental unit. When any county, or municipality, or park
9 district acquires property through the foreclosure of a lien,
10 through a judicial deed, through the foreclosure of
11 receivership certificate lien, or by acceptance of a deed of
12 conveyance in lieu of foreclosing any lien against the
13 property, or when a government unit acquires property under the
14 Abandoned Housing Rehabilitation Act, or when any county or
15 other taxing district acquires a deed for property under
16 Section 21-90 or Sections 21-145 and 21-260, all due or unpaid
17 property taxes and existing liens for unpaid property taxes
18 imposed or pending under any law or ordinance of this State or
19 any of its political subdivisions shall become null and void.
20 (Source: P.A. 91-305, eff. 1-1-00.)
 
21     Section 99. Effective date. This Act takes effect upon
22 becoming law.