91st General Assembly
Summary of HB1769
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Short description: 
PROP TX-SPECIAL PROCESS SERVER                                             

Synopsis of Bill as introduced:
        Amends the Property Tax Code. In counties of  3,000,000  or  more      
   inhabitants,  allows a taxing district that is the tax deed petitioner      
   to move for the appointment of a special process server of at least 18      
   years of age to  serve  notice  of  the  property  tax  sale  and  the      
   expiration and extension of the property's redemption period. Provides      
   that  the  special process server shall make a return of the notice by      
   filing an affidavit with the court clerk for the court record.              
        SENATE AMENDMENT NO. 1.                                                
          Adds reference to:                                                   
          65 ILCS 5/11-31-2               from Ch. 24, par. 11-31-2            
          765 ILCS 35/100                 from Ch. 30, par. 137                
          765 ILCS 35/102                 from Ch. 30, par. 139                
          765 ILCS 35/102.3 new                                                
        Amends the Illinois Municipal Code. Provides that in the event  a      
   receiver appointed to bring a structure into code compliance completes      
   a  feasibility  study  which  finds  that  the  property  cannot  be        
   economically  brought  into  compliance, the receiver may petition the      
   court for, and, if certain conditions are met,  the  court  may  order      
   reimbursement   for  the  cost  of  the  feasibility  study  from  the      
   Receivership Feasibility Study and Fee Fund.  Provides that the  court      
   shall  order the receiver to reimburse the fund to the extent that the      
   receiver is reimbursed upon foreclosure of the  receiver's  lien  upon      
   sale  of  the  property.   Amends the Registered Titles (Torrens) Act.      
   Provides that, within  30  days  after  the  effective  date  of  this      
   amendatory  Act  of  the  91st  General Assembly, the county treasurer      
   shall transfer $250,000 from the indemnity fund  to  the  Receivership      
   Feasibility  Study  and Fee Fund, a special fund created in the county      
   treasury to be used for reimbursements to receivers as provided in the      
   Illinois Municipal Code. Effective immediately.                             
Last action on Bill: PUBLIC ACT.............................. 91-0554

   Last action date: 99-08-14

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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