State of Illinois
91st General Assembly
Public Acts

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Public Act 91-0305

HB1334 Enrolled                                LRB9100919PTpk

    AN ACT to amend the Property Tax Code by changing Section
21-95.

    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 21-95 as follows:

    (35 ILCS 200/21-95)
    Sec.  21-95.   Tax  abatement  after  acquisition  by   a
governmental  unit.  When any county or municipality acquires
property through the foreclosure of a lien, authorized  under
Section  11-31-1  of the Illinois Municipal Code or through a
judicial deed issued  under  that  Section,  through  the  or
foreclosure   of   receivership   certificate   lien,  or  by
acceptance of a deed of conveyance in lieu of foreclosing any
receivership certificate  lien  or  other  lien  against  the
property,  or  when a government unit acquires property under
the Abandoned Housing Rehabilitation Act, or when any  county
or  other  taxing district acquires a deed for property under
Section 21-90 or Sections  21-145  and  21-260,  all  due  or
unpaid  property taxes and existing liens for unpaid property
taxes imposed or pending under any law or ordinance  of  this
State  or any of its political subdivisions shall become null
and void.
(Source: P.A. 86-949; 86-1158; 88-455.)

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