Illinois General Assembly - Bill Status for HB1106
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 Bill Status of HB1106  97th General Assembly


Short Description:  PROP TX-PENALTY BIDS-INTEREST

House Sponsors
Rep. Dwight Kay - David Harris

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/21-217 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that no person who has successfully exercised a penalty bid may charge any amount in interest, penalties, and fees combined upon the delinquent property owner that exceeds 18% per annum. Effective immediately.

Actions 
DateChamber Action
  2/4/2011HouseFiled with the Clerk by Rep. Dwight Kay
  2/7/2011HouseFirst Reading
  2/7/2011HouseReferred to Rules Committee
  2/28/2011HouseAdded Chief Co-Sponsor Rep. David Harris
  2/28/2011HouseAssigned to Revenue & Finance Committee
  3/15/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Dwight Kay
  3/15/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/17/2011HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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