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90_SB0897
225 ILCS 455/18.1 from Ch. 111, par. 5818.1
Amends the Real Estate License Act of 1983 to add a
caption.
LRB9003359DPcc
LRB9003359DPcc
1 AN ACT to amend the Real Estate License Act of 1983 by
2 changing Section 18.1.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Real Estate License Act of 1983 is
6 amended by changing Section 18.1 as follows:
7 (225 ILCS 455/18.1) (from Ch. 111, par. 5818.1)
8 Sec. 18.1. Discipline for violation of tax Act. The
9 Office of Banks and Real Estate may refuse to issue or renew,
10 or may suspend the license of any person who fails to file a
11 return, or to pay the tax, penalty or interest shown in a
12 filed return, or to pay any final assessment of tax, penalty
13 or interest, as required by any tax Act administered by the
14 Illinois Department of Revenue, until such time as the
15 requirements of any such tax Act are satisfied.
16 (Source: P.A. 89-508, eff. 7-3-96.)