SANTIAGO-BLACK. (FARLEY-HENDON-LINK) 35 ILCS 200/21-15 Amends the Property Tax Code. Provides that, when any unpaid taxes become delinquent through the fault of the mortgage lender, the lender shall pay the taxes, redeem the property, and take all necessary steps to remove any liens accruing against the property because of the delinquency. Provides that unpaid taxes shall be deemed delinquent through the fault of the lender if the lender has received all payments due the lender for the property being taxed under the written terms of the mortgage or promissory note (now, the lender has received all payments due the lender for the property being taxed, the lender holds funds in escrow to pay the taxes, and the funds are sufficient to pay the taxes after deducting all amounts reasonably anticipated to become due for certain insurance premiums and other assessments to be paid from the escrow). STATE MANDATES FISCAL NOTE In the opinion of DCCA, HB1283 fails to create a State mandate under the State Mandates Act. FISCAL NOTE (Dept. of Revenue) There will be no fiscal impact on this Dept. 97-03-04 H FIRST READING 97-03-04 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-05 H ASSIGNED TO COMMITTEE REVENUE 97-03-13 H FISCAL NOTE REQUESTED MOORE,A 97-03-13 H STATE MANDATES FISCAL NOTE REQUESTED MOORE,A 97-03-13 H DO PASS/SHORT DEBATE 011-000-000 HREV 97-03-13 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-04-07 H STATE MANDATES FISCAL NOTE FILED 97-04-07 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-08 H FISCAL NOTE FILED 97-04-08 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-09 H SECOND READING-SHORT DEBATE 97-04-09 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-14 H THIRD READING/SHORT DEBATE/PASSED 116-000-001 97-04-14 H ADDED AS A JOINT SPONSOR BLACK 97-04-15 S ARRIVE IN SENATE 97-04-15 S PLACED CALENDAR ORDER OF FIRST READING 97-04-23 97-04-23 S CHIEF SPONSOR FARLEY 97-04-24 S FIRST READING 97-04-24 S REFERRED TO SENATE RULES COMMITTEE RULES 97-04-30 S ASSIGNED TO COMMITTEE REVENUE 97-05-08 S DO PASS 010-000-000 SREV 97-05-08 S PLACED ON CALENDAR ORDER OF 2ND READING 97-05-09 97-05-09 S SECOND READING 97-05-09 S PLACED ON CALENDAR ORDER OF 3RD READING 97-05-12 97-05-13 S ADDED AS A CHIEF CO-SPONSOR HENDON 97-05-13 S THIRD READING - PASSED 057-000-000 97-05-13 H PASSED BOTH HOUSES 97-05-13 S ADDED AS A CHIEF CO-SPONSOR LINK 97-06-11 H SENT TO THE GOVERNOR 97-08-08 H GOVERNOR APPROVED 97-08-08 H EFFECTIVE DATE 98-01-01 97-08-08 H PUBLIC ACT.............................. 90-0336 END OF INQUIRY Full Text Bill Summary