Full Text of SB2832 103rd General Assembly
SB2832eng 103RD GENERAL ASSEMBLY | | | SB2832 Engrossed | | LRB103 36894 HLH 67006 b |
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| 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 21-27 as follows: | 6 | | (35 ILCS 200/21-27) | 7 | | Sec. 21-27. Waiver of interest penalty. | 8 | | (a) On the recommendation of the county treasurer, the | 9 | | county board may adopt a resolution under which an interest | 10 | | penalty for the delinquent payment of taxes for any year that | 11 | | otherwise would be imposed under Section 21-15, 21-20, or | 12 | | 21-25 shall be waived in the case of any person who meets all | 13 | | of the following criteria: | 14 | | (1) The person is determined eligible for a grant | 15 | | under the Senior Citizens and Persons with Disabilities | 16 | | Property Tax Relief Act with respect to the taxes for that | 17 | | year. | 18 | | (2) The person requests, in writing, on a form | 19 | | approved by the county treasurer, a waiver of the interest | 20 | | penalty, and the request is filed with the county | 21 | | treasurer on or before the first day of the month that an | 22 | | installment of taxes is due. | 23 | | (3) The person pays the installment of taxes due, in |
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| 1 | | full, on or before the third day of the month that the | 2 | | installment is due. | 3 | | (4) The county treasurer approves the request for a | 4 | | waiver. | 5 | | (b) With respect to property that qualifies as a | 6 | | brownfield site under Section 58.2 of the Environmental | 7 | | Protection Act, the county board, upon the recommendation of | 8 | | the county treasurer, may adopt a resolution to waive an | 9 | | interest penalty for the delinquent payment of taxes for any | 10 | | year that otherwise would be imposed under Section 21-15, | 11 | | 21-20, or 21-25 if all of the following criteria are met: | 12 | | (1) the property has delinquent taxes and an | 13 | | outstanding interest penalty and the amount of that | 14 | | interest penalty is so large as to, possibly, result in | 15 | | all of the taxes becoming uncollectible; | 16 | | (2) the property is part of a redevelopment plan of a | 17 | | unit of local government and that unit of local government | 18 | | does not oppose the waiver of the interest penalty; | 19 | | (3) the redevelopment of the property will benefit the | 20 | | public interest by remediating the brownfield | 21 | | contamination; | 22 | | (4) the taxpayer delivers to the county treasurer (i) | 23 | | a written request for a waiver of the interest penalty, on | 24 | | a form approved by the county treasurer, and (ii) a copy of | 25 | | the redevelopment plan for the property; | 26 | | (5) the taxpayer pays, in full, the amount of up to the |
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| 1 | | amount of the first 2 installments of taxes due, to be held | 2 | | in escrow pending the approval of the waiver, and enters | 3 | | into an agreement with the county treasurer setting forth | 4 | | a schedule for the payment of any remaining taxes due; and | 5 | | (6) the county treasurer approves the request for a | 6 | | waiver. | 7 | | (c) For the 2019 taxable year (payable in 2020) only, the | 8 | | county board of a county with fewer than 3,000,000 inhabitants | 9 | | may adopt an ordinance or resolution under which some or all of | 10 | | the interest penalty for the delinquent payment of any | 11 | | installment other than the final installment of taxes for the | 12 | | 2019 taxable year that otherwise would be imposed under | 13 | | Section 21-15, 21-20, or 21-25 shall be waived for all | 14 | | taxpayers in the county, for a period of (i) 120 days after the | 15 | | effective date of this amendatory Act of the 101st General | 16 | | Assembly or (ii) until the first day of the first month during | 17 | | which there is no longer a statewide COVID-19 public health | 18 | | emergency, as evidenced by an effective disaster declaration | 19 | | of the Governor covering all counties in the State. | 20 | | (d) No interest or penalties shall be imposed with respect | 21 | | to property that is included in a decedent's probate estate at | 22 | | the time of a delinquency if the representative of the | 23 | | decedent's estate applies with the county treasurer for a | 24 | | waiver of those amounts and is granted that waiver. A waiver | 25 | | under this subsection shall apply beginning on the date of the | 26 | | decedent's death until the earlier of either (i) the date on |
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| 1 | | which the property is sold, transferred, or conveyed or (ii) | 2 | | the date on which the estate is closed. | 3 | | (Source: P.A. 101-635, eff. 6-5-20.) |
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