97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1102

 

Introduced 02/07/11, by Rep. Dwight Kay

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/21-205

    Amends the Property Tax Code. In a Section concerning tax sales, provides that collectors shall employ an automated billing system that is programmed to accept the lowest redemption price bid by a tax purchaser. Effective immediately.


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FISCAL NOTE ACT MAY APPLY
HOME RULE NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 21-205 as follows:
 
6    (35 ILCS 200/21-205)
7    Sec. 21-205. Tax sale procedures. The collector, in person
8or by deputy, shall attend, on the day and in the place
9specified in the notice for the sale of property for taxes, and
10shall, between 9:00 a.m. and 4:00 p.m., or later at the
11collector's discretion, proceed to offer for sale, separately
12and in consecutive order, all property in the list on which the
13taxes, special assessments, interest or costs have not been
14paid. However, in any county with 3,000,000 or more
15inhabitants, the offer for sale shall be made between 8:00 a.m.
16and 8:00 p.m. The collector's office shall be kept open during
17all hours in which the sale is in progress. The sale shall be
18continued from day to day, until all property in the delinquent
19list has been offered for sale. However, any city, village or
20incorporated town interested in the collection of any tax or
21special assessment, may, in default of bidders, withdraw from
22collection the special assessment levied against any property
23by the corporate authorities of the city, village or

 

 

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1incorporated town. In case of a withdrawal, there shall be no
2sale of that property on account of the delinquent special
3assessment thereon.
4    In every sale of property pursuant to the provisions of
5this Code, the collector shall employ an automated bidding
6system that is programmed to accept the lowest redemption price
7bid by a tax purchaser, subject to the penalty percentage
8limitation set forth in Section 21-215. All may employ any
9automated means that the collector deems appropriate, provided
10that bidders are required to personally attend the sale. The
11changes made by this amendatory Act of the 94th General
12Assembly are declarative of existing law.
13(Source: P.A. 94-922, eff. 1-1-07.)
 
14    Section 99. Effective date. This Act takes effect upon
15becoming law.