HB3450 99TH GENERAL ASSEMBLY

LRB099 09502 AMC 29710 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB3450

Introduced , by Rep. Emily McAsey

SYNOPSIS AS INTRODUCED:

35 ILCS 200/21-45

Amends the Property Tax Code. Makes a technical change in a Section concerning issuance of a tax bill.

A BILL FOR

AN ACT concerning revenue.

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 changing Section 21-45 as follows:

(35 ILCS 200/21-45)

Sec. 21-45. Failure to issue tax bill in prior year. In the the event no tax bill was issued as provided in Section 21-30, on any property in any previous year for any reason, one tax bill shall be prepared and mailed by July 1 of the year subsequent to the year in which no tax bill was issued, and taxes on that property for that year only shall bear interest after the first day of August of that year at the rate of 1 1/2% per month or portion thereof until paid or forfeited.

(Source: P.A. 87-17; 88-455.)