Full Text of HB6932 96th General Assembly
HB6932 96TH GENERAL ASSEMBLY |
| | 96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 HB6932 Introduced , by Rep. Ron Stephens SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. In a Section concerning tax sales, provides that collectors shall employ an automated billing system that is programmed to accept the lowest redemption price bid by a tax purchaser. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | HOME RULE NOTE ACT MAY APPLY | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | | HB6932 | | LRB096 24067 HLH 43485 b |
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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. The collector, in person | 8 | | or by deputy,
shall attend, on the day and in the place | 9 | | specified in the notice for the sale
of property for taxes, and | 10 | | shall, between 9:00 a.m. and 4:00 p.m., or later at
the | 11 | | collector's discretion, proceed to offer for sale, separately | 12 | | and in
consecutive order, all property in the list on which the | 13 | | taxes, special
assessments, interest or costs have not been | 14 | | paid. However, in any county with
3,000,000 or more | 15 | | inhabitants, the offer for sale shall be made between 8:00
a.m. | 16 | | and 8:00 p.m. The collector's office shall be kept open during | 17 | | all hours
in which the sale is in progress. The sale shall be | 18 | | continued from day to day,
until all property in the delinquent | 19 | | list has been offered for sale. However,
any city, village or | 20 | | incorporated town interested in the collection of any tax
or | 21 | | special assessment, may, in default of bidders, withdraw from | 22 | | collection the
special assessment levied against any property | 23 | | by the corporate authorities of
the city, village or |
| | | HB6932 | - 2 - | LRB096 24067 HLH 43485 b |
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| 1 | | incorporated town. In case of a withdrawal, there shall be
no | 2 | | sale of that property on account of the delinquent special | 3 | | assessment
thereon.
| 4 | | In every sale of property pursuant to the provisions of | 5 | | this Code, the collector shall employ an automated bidding | 6 | | system that is programmed to accept the lowest redemption price | 7 | | bid by a tax purchaser, subject to the penalty percentage | 8 | | limitation set forth in Section 21-215. All may employ any | 9 | | automated means that the collector deems appropriate, provided | 10 | | that bidders are required to personally attend the sale. The | 11 | | changes made by this amendatory Act of the 94th General | 12 | | Assembly are declarative of existing law.
| 13 | | (Source: P.A. 94-922, eff. 1-1-07.)
| 14 | | Section 99. Effective date. This Act takes effect upon | 15 | | becoming law.
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