House Sponsors: STROGER. Short description: PROP TX-TAX SALE-INDEMNITY Synopsis of Bill as introduced: Amends the Property Tax Code. Prohibits the conveyance or assignment of scavenger sale certificates of purchase except by a unit of local government. Provides that a violator is liable for three times the amount of delinquent or forfeited taxes, interest, penalties, and costs and barred from future scavenger sales. Provides that violation of more than one scavenger sale fraud provision is a Class 4 felony. Adds requirements for an owner to recover losses by indemnity caused by the issuance of a tax deed. Provides that a contract between a tax deed grantee and the indemnity petitioner for proceeds from an indemnity judgment must be in writing, filed with the court, and include certain provisions. Creates the offense of indemnity fund fraud as a Class A misdemeanor for the commission of one act and as a Class 4 felony for the commission more than one act or for subsequent convictions. Makes other changes. Effective immediately. CORRECTIONAL NOTE (Dept. of Corrections) There would be a minimal fiscal or prison population impact. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status