Illinois General Assembly - Full Text of SB0403
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Full Text of SB0403  97th General Assembly

SB0403 97TH GENERAL ASSEMBLY


 


 
97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB0403

 

Introduced 2/8/2011, by Sen. John J. Cullerton

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/19-60

    Amends the Property Tax Code. Makes a technical change in a Section concerning the bond of the collector.


LRB097 04254 HLH 44293 b

 

 

A BILL FOR

 

SB0403LRB097 04254 HLH 44293 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 19-60 as follows:
 
6    (35 ILCS 200/19-60)
7    Sec. 19-60. Bond as security for taxes collected. The The
8bond of every county or township collector shall be held to be
9security for the payment by the collector to the county
10treasurer and the taxing districts and proper authorities, of
11all taxes, special assessments which are collected or received
12on their behalf, and of all penalties which are recovered
13against him.
14(Source: P.A. 90-655, eff. 7-30-98.)