90th General Assembly
Summary of HB0883
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House Sponsors:
KUBIK-FANTIN.

Senate Sponsors:
RADOGNO-PETERSON

Short description: 
PROP TX-INDEMNITY FUND-FEES                                                

Synopsis of Bill as introduced:
        Amends the Property Tax Code.   Increases  the  fee  each  person      
   purchasing  property  at  a  sale  under  the  Code pays to the County      
   Collector in counties of 3,000,000 or more  inhabitants  from  $50  to      
   $150,  except  that  if  the  property  is  improved  with a structure      
   consisting of at least one and not more than 6 dwelling units, the fee      
   is increased to $100.  Increases the fee paid for each  year  that  an      
   installment  of  subsequent  taxes, or portion thereof, is paid by the      
   tax purchaser and posted to the tax  judgment,  sale,  redemption  and      
   forfeiture  record  from  $80  to $300, except that if the property is      
   improved with a structure consisting of at least one and not more than      
   6 dwelling units, the fee is increased to $150.                             
        SENATE AMENDMENT NO. 1.                                                
        Deletes amendatory  provisions  in  the  Section  concerning  the      
   creation  of  an  indemnity  fund.   Increases  the  fee  each  person      
   purchasing  property  at  a  sale  under  the  Code  pays  to a County      
   Collector in counties of 3,000,000 or more  inhabitants  from  $80  to      
   $100.   Increases  the  fee  paid for each year that an installment of      
   subsequent taxes, or portion thereof, is paid by the tax purchaser and      
   posted to the tax judgement, sale, redemption  and  forfeiture  record      
   from $80 to $100.                                                           
        SENATE AMENDMENT NO. 2.                                                
          Adds reference to:                                                   
          35 ILCS 200/21-310                                                   
          35 ILCS 200/21-345                                                   
          35 ILCS 200/21-405                                                   
        Further  amends  the  Property  Tax  Code.   Provides  that  upon      
   application of the tax purchaser or his or her assignee  filed  within      
   one  year  after  the  expiration  of  the period of redemption or any      
   extension thereof, the court shall declare a  sale  in  error  (1)  in      
   certain  instances  of voluntary or involuntary petitions filed within      
   one year after the expiration of  the  period  of  redemption  or  any      
   extension  thereof  (now  prior to the issuance of a tax deed), (2) if      
   the improvements  upon  the  property  sold  have  been  substantially      
   destroyed  or  rendered uninhabitable or otherwise unfit for occupancy      
   within one year after the expiration of the period  of  redemption  or      
   any  extension  thereof (now prior to the issuance of a tax deed), (3)      
   if the State had an interest in the  property  during  the  period  of      
   redemption  or  within  one year after the expiration of the period of      
   redemption or any extension thereof,  or  (4)  if  a  governmental  or      
   municipal   corporation   acquired  title  or  an  interest  requiring      
   reimbursement during the period of redemption or within one year after      
   the expiration of the period of redemption or any  extension  thereof.      
   Provides  that  an application for a sale in error shall not be denied      
   because the grounds or reason for a sale  in  error  might  have  been      
   determined  prior  to  the  tax  sale  by  a search of public records.      
   Provides that a person redeeming property at a time subsequent to  the      
   filing  of  a  petition  for  tax  and  special assessment foreclosure      
   proceedings or a petition for deed who does not desire to contest  the      
   validity  of  the  petition may redeem the property at any time before      
   the expiration of the period or extended period of redemption  without      
   filing a redemption under protest.  Requires the county clerk to enter      
   the  redemption  on  the record and distribute the redemption money to      
   the holder of the  certificate  of  purchase  upon  surrender  of  the      
   certificate.  Provides  that  the  provisions  permitting  a person to      
   purchase property that has been forfeited for delinquent general taxes      
   or special assessments shall also apply when more than  60  days  have      
   expired without payment or satisfaction of a judgment granted in whole      
   or  in part in a proceeding by a court under this Code.  Provides that      
   the current provisions concerning forfeited taxes shall also apply  to      
   unpaid taxes.  Allows payment of the unpaid taxes to prohibit the sale      
   of the property. Adds an immediate effective date.                          
        GOVERNOR'S AMENDATORY VETO MESSAGE                                     
          Deletes reference to:                                                
          35 ILCS 200/21-295                                                   
          35 ILCS 200/21-310                                                   
          35 ILCS 200/21-405                                                   
        Recommends the deletion of all amendatory provisions. Provides         
   instead that any person who desires to redeem and does not desire to        
   contest the validity of a petition for tax deed may redeem without          
   submitting a written protest. Provides that this amendatory language        
   is declarative of existing law and is not a new enactment.                  
 
Last action on Bill: BILL DEAD-AMENDATORY VETO

   Last action date: 97-10-30

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   2


   END OF INQUIRY 
                                                                               



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