Full Text of SB2674 100th General Assembly
SB2674eng 100TH GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning revenue.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Property Tax Code is amended by changing | 5 | | Section 21-205 as follows:
| 6 | | (35 ILCS 200/21-205)
| 7 | | Sec. 21-205. Tax sale procedures. | 8 | | (a) The collector, in person or by deputy,
shall attend, on | 9 | | the day and in the place specified in the notice for the sale
| 10 | | of property for taxes, and shall, between 9:00 a.m. and 4:00 | 11 | | p.m., or later at
the collector's discretion, proceed to offer | 12 | | for sale, separately and in
consecutive order, all property in | 13 | | the list on which the taxes, special
assessments, interest or | 14 | | costs have not been paid. However, in any county with
3,000,000 | 15 | | or more inhabitants, the offer for sale shall be made between | 16 | | 8:00
a.m. and 8:00 p.m. The collector's office shall be kept | 17 | | open during all hours
in which the sale is in progress. The | 18 | | sale shall be continued from day to day,
until all property in | 19 | | the delinquent list has been offered for sale. However,
any | 20 | | city, village or incorporated town interested in the collection | 21 | | of any tax
or special assessment, may, in default of bidders, | 22 | | withdraw from collection the
special assessment levied against | 23 | | any property by the corporate authorities of
the city, village |
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| 1 | | or incorporated town. In case of a withdrawal, there shall be
| 2 | | no sale of that property on account of the delinquent special | 3 | | assessment
thereon.
| 4 | | (b) Until January 1, 2013, in every sale of property | 5 | | pursuant to the provisions of this Code, the collector may | 6 | | employ any automated means that the collector deems | 7 | | appropriate. Beginning on January 1, 2013, either (i) the | 8 | | collector shall employ an automated bidding system that is | 9 | | programmed to accept the lowest redemption price bid by an | 10 | | eligible tax purchaser, subject to the penalty percentage | 11 | | limitation set forth in Section 21-215, or (ii) all tax sales | 12 | | shall be digitally recorded with video and audio. All bidders | 13 | | are required to personally attend the sale and, if automated | 14 | | means are used, all hardware and software used with respect to | 15 | | those automated means must be certified by the Department and | 16 | | re-certified by the Department every 5 years. If the tax sales | 17 | | are digitally recorded and no automated bidding system is used, | 18 | | then the recordings shall be maintained by the collector for a | 19 | | period of at least 3 years from the date of the tax sale. The | 20 | | changes made by this amendatory Act of the 94th General | 21 | | Assembly are declarative of existing law.
| 22 | | (c) County collectors may adopt a single bidder rule to | 23 | | prohibit tax bidders from registering more than one related | 24 | | bidding entity. | 25 | | (d) County collectors may, when applicable, eject tax | 26 | | bidders who disrupt the tax sale or use illegal bid practices. |
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| 1 | | (Source: P.A. 97-557, eff. 7-1-12; 97-1125, eff. 8-28-12.)
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