SB2097sam001 101ST GENERAL ASSEMBLY

Sen. Steve Stadelman

Filed: 3/15/2019

10100SB2097sam001 LRB101 10588 HLH 57728 a

AMENDMENT TO SENATE BILL 2097

AMENDMENT NO. ______. Amend Senate Bill 2097 by replacing everything from line 21 on page 12 through line 11 on page 13 with the following:

"from the date of sale. If, however, the court that ordered the property sold, upon the verified petition of the holder of the certificate of purchase brought within 4 months from the date of sale, finds and declares that the structure on the property is abandoned, then the court may order that the property may be redeemed at any time on or before (i) the expiration of 2 years from the date of sale if the holder of the certificate of purchase is not a unit of local government or (ii) the expiration of 6 months from the date of sale if the holder of the certificate of purchase is a unit of local government. Notice of the hearing on a petition to declare the property abandoned shall be given to the owner or owners".