State of Illinois
91st General Assembly
Legislation

   [ Search ]   [ Legislation ]
[ Home ]   [ Back ]   [ Bottom ]

[ Introduced ][ Engrossed ]

91_HB1334enr

 
HB1334 Enrolled                                LRB9100919PTpk

 1        AN ACT to amend the Property Tax Code by changing Section
 2    21-95.

 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:

 5        Section 5.  The Property Tax Code is amended by  changing
 6    Section 21-95 as follows:

 7        (35 ILCS 200/21-95)
 8        Sec.   21-95.   Tax  abatement  after  acquisition  by  a
 9    governmental unit.  When any county or municipality  acquires
10    property  through the foreclosure of a lien, authorized under
11    Section 11-31-1 of the Illinois Municipal Code or  through  a
12    judicial  deed  issued  under  that  Section,  through the or
13    foreclosure  of  receivership   certificate   lien,   or   by
14    acceptance of a deed of conveyance in lieu of foreclosing any
15    receivership  certificate  lien  or  other  lien  against the
16    property, or when a government unit acquires  property  under
17    the  Abandoned Housing Rehabilitation Act, or when any county
18    or other taxing district acquires a deed for  property  under
19    Section  21-90  or  Sections  21-145  and  21-260, all due or
20    unpaid property taxes and existing liens for unpaid  property
21    taxes  imposed  or pending under any law or ordinance of this
22    State or any of its political subdivisions shall become  null
23    and void.
24    (Source: P.A. 86-949; 86-1158; 88-455.)

[ Top ]