(320 ILCS 30/5) (from Ch. 67 1/2, par. 455)
Sec. 5.
The county collector shall note on his books each
claim for deferral of real estate taxes which meets the requirements
of Section 3 and, when taxes are extended, shall send to the
Department the tax bills, including special assessment bills forwarded to
the county collector under Section 3, on all tax deferred property in that
collector's county. The Department shall then pay by June 1 or within 30 days
of the receipt of these tax bills, whichever is later, to the county
collector, for distribution to the taxing bodies in his county, the
total amount of taxes so deferred. The Department shall make these
payments from the Senior Citizens Real Estate Deferred Tax Revolving Fund.
(Source: P.A. 84-807.)
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