HB6584 93RD GENERAL ASSEMBLY

LRB093 19384 SJM 45122 b

93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6584

Introduced 02/09/04, by Jim Sacia

SYNOPSIS AS INTRODUCED:

35 ILCS 200/22-37 new

Amends the Property Tax Code. Provides that the court shall not issue an order for tax deed to a county if: (1) a municipality has obtained a judicial deed for the property because the property has been abandoned; and (2) the municipality files an objection to the issuance of the deed to the county. Provides that, for property that meets these criteria, the court may instead issue a tax deed to the municipality, if the municipality otherwise meets the requirements for issuance of a tax deed. Effective immediately.

A BILL FOR

AN ACT concerning taxes.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by adding Section 22-37 as follows:

(35 ILCS 200/22-37 new)

Sec. 22-37. Abandoned property in municipality; objection to county obtaining deed. The court shall not issue an order for tax deed to a county under Section 22-40 if:

(1) a municipality has obtained a judicial deed under subsection (d) of Section 11-31-1 of the Illinois Municipal Code for the property because the property has been abandoned; and

(2) the municipality files an objection to the issuance of the deed to the county. For property that meets these criteria, the court may instead issue a tax deed to the municipality, if the municipality otherwise meets the requirements for issuance of a tax deed.

Section 99. Effective date. This Act takes effect upon becoming law.