Bill Status of HB2165 103rd General Assembly
Short Description: PROP TX-INDEMNITY FUND
Rep. Margaret Croke
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that in counties of 3,000,000 or more inhabitants, the holder of a tax lien certificate on property sold under the Code shall pay to the County Collector an additional 2.5% of the subsequent taxes, interest, and penalties paid by the tax purchaser and posted to the tax judgment, sale, redemption, and forfeiture record. Effective immediately.