<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 60     </title>
<shortdesc>PROP TX-PENALTY BIDS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Matt Murphy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/21-215</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. In a Section concerning penalty bids, provides that no bid shall be accepted for a penalty exceeding 6% (instead of 18%) of the amount of the tax or special assessment on property. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Matt Murphy</action>
<statusdate>1/30/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/30/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/10/2009</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Held in Revenue</action>
<statusdate>3/6/2009</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/13/2009</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

