PROP TX-INTEREST ON REFUND House SponsorsRep. Arthur L. Turner 1/11/2011HouseSession Sine Die 35 ILCS 200/21-315 Amends the Property Tax Code. In a Section concerning interest paid on refunds for sales in error, provides that the interest shall not exceed the full amount of delinquent taxes, general taxes, special taxes, special assessments, interest, penalties, and costs as are included in the judgment and order of sale. Provides that the interest shall be simple interest calculated based on the principal amount of the refund. Effective immediately. 1/29/2009HouseFiled with the Clerk by Rep. Arthur L. Turner 1/30/2009HouseFirst Reading 1/30/2009HouseReferred to Rules Committee 2/11/2009HouseAssigned to Executive Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die