Bill Status of SB0585 100th General Assembly
Short Description: PROP TX-TAX PURCHASERS
Sen. Jason A. Barickman - Pat McGuire and Pamela J. Althoff
| 2/14/2018||Senate||Re-assigned to Revenue|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that each tax purchaser shall pay to the county collector an automation fee set by the county collector of not more than $10 for each item purchased (currently, each county collector may assess such a fee). Provides that the indemnity fee in counties with less than 3,000,000 inhabitants shall be not more than $20 (currently, the fee is $20). Makes changes concerning the fee imposed by the county board on each person purchasing property at a sale under the Code for payment of interest and costs.