Illinois General Assembly - Full Text of SB0556
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Full Text of SB0556  94th General Assembly

SB0556eng 94TH GENERAL ASSEMBLY



 


 
SB0556 Engrossed LRB094 09594 BDD 39847 b

1     AN ACT concerning revenue.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Property Tax Code is amended by changing
5 Section 21-245 as follows:
 
6     (35 ILCS 200/21-245)
7     Sec. 21-245. Automation fee. The county collector in all
8 counties may assess to the purchaser of property for delinquent
9 taxes an automation fee of not more than $10 per parcel. In
10 counties with less than 3,000,000 inhabitants:
11     (a) The fee shall be paid at the time of the purchase if
12 the record keeping system used for processing the delinquent
13 property tax sales is automated or has been approved for
14 automation by the county board. The fee shall be collected in
15 the same manner as other fees or costs.
16     (b) Fees collected under this Section shall be retained by
17 the county treasurer in a fund designated as the Tax Sale
18 Automation Fund. The fund shall be audited by the county
19 auditor. The county board, with the approval of the county
20 treasurer, shall make expenditures from the fund (1) to pay any
21 costs related to the automation of property tax collections and
22 delinquent property tax sales, including the cost of hardware,
23 software, research and development, and personnel and (2) to
24 defray the cost of providing electronic access to property tax
25 collection records and delinquent tax sale records.
26     (c) In addition to the automation fee under this Section,
27 the county collector may assess to the purchaser of property
28 for delinquent taxes a bid automation fee of $5 per parcel if a
29 system of automated bidding is used in the conduct of the tax
30 sale. Bid automation fees shall be collected, retained, and
31 expended as provided in this Section with respect to automation
32 fees.

 

 

SB0556 Engrossed - 2 - LRB094 09594 BDD 39847 b

1 (Source: P.A. 93-415, eff. 8-5-03.)
 
2     Section 99. Effective date. This Act takes effect upon
3 becoming law.