91st General Assembly
Summary of HB2180
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Short description: 
PROP TX-INDEMNITY FUND FRAUD                                               

Synopsis of Bill as introduced:
        Amends the Property Tax Code  concerning  the  definition  of  33      
   1/3%.  Makes a technical change.                                            
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          35 ILCS 200/1-55                                                     
          Adds reference to:                                                   
          35 ILCS 200/21-295                                                   
          35 ILCS 200/21-305                                                   
          35 ILCS 200/21-306 new                                               
          35 ILCS 200/21-345                                                   
          35 ILCS 200/21-397 new                                               
          35 ILCS 200/22-40                                                    
        Deletes everything. Provides that  any  owner  of  property   who      
   sustains loss or damage by reason of the issuance of certain tax deeds      
   and  who  is barred or is in any way precluded from bringing an action      
   for the recovery of the  property  shall  have  a  limited   right  to      
   indemnity  for the loss or damage sustained.  Provides that a contract      
   involving the proceeds of a judgment for  indemnity  between  the  tax      
   deed  grantee  or its successors in title and the indemnity petitioner      
   or his or her successors shall  be  in  writing.   Provides  that  in       
   actions  for  payment under the indemnity fund, the Collector shall be      
   entitled  to  discovery  of  certain  information.  Provides  that  an      
   indemnity fund award may not exceed $99,000.  Creates the  offense  of      
   indemnity  fund  fraud  as a Class A misdemeanor for the commission of      
   one act and as a Class 4 felony for the commission of  more  than  one      
   act  or  for  subsequent  convictions. Provides that after an order is      
   entered setting aside a redemption, a person entitled  to  redeem  may      
   pay the clerk within 30 days (instead of 45) after the order. Provides      
   that  if  taxes  for years prior to the year sold remain delinquent at      
   the time of the tax deed hearing, then the  delinquent  taxes  may  be      
   merged  into  the  tax  deed  upon certain court determinations. Makes      
   other changes. Effective immediately.                                       
Last action on Bill: PUBLIC ACT.............................. 91-0564

   Last action date: 99-08-14

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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