PROP TAX-TAX SALE-LIENHOLDERS
Synopsis of Bill as introduced:
Amends the Property Tax Code. Provides that, in counties of less
than 3,000,000 inhabitants, a copy of the notice for application for
judgment and sale shall be mailed to any lienholder of record not less
than 15 days before the date of application for judgment and sale
(now, to any lienholder who annually requests a copy). Provides that
a lienholder of record may pay the taxes and costs (and special
assessments and interest, if applicable) due at any time before the
property is sold at a tax sale. Effective January 1, 2002.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
35 ILCS 200/21-135
Adds reference to:
35 ILCS 200/22-10
Removes amendatory provisions concerning the mailing of a copy of
the notice of application for judgment and sale in counties of less
than 3,000,000 inhabitants. Further amends the Property Tax Code.
Provides that a purchaser or assignee shall not be entitled to a tax
deed to the property sold unless he or she, following specified
procedures, gives notice of the sale and the date of expiration of the
period of redemption to the owners, occupants, and parties interested
in the property, including any mortgagee of record (now, must provide
notice to owners, occupants, and parties interested).
FISCAL NOTE (Department of Revenue)
HB 1094 is a matter of local jurisdiction and has no fiscal
impact on the Department of Revenue.
Last action on Bill: PUBLIC ACT.............................. 92-0267
Last action date: AUG-07-2001
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status