Bill Amendment: IL SB2097 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: PROP TX-VARIOUS
Status: 2021-01-13 - Session Sine Die [SB2097 Detail]
Download: Illinois-2019-SB2097-Senate_Amendment_001.html
Bill Title: PROP TX-VARIOUS
Status: 2021-01-13 - Session Sine Die [SB2097 Detail]
Download: Illinois-2019-SB2097-Senate_Amendment_001.html
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1 | AMENDMENT TO SENATE BILL 2097
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2 | AMENDMENT NO. ______. Amend Senate Bill 2097 by replacing | ||||||
3 | everything from line 21 on page 12 through line 11 on page 13 | ||||||
4 | with the following:
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5 | "from the date of sale. If, however, the court that ordered the
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6 | property sold, upon the verified petition of the holder of the | ||||||
7 | certificate of
purchase brought within 4 months from the date | ||||||
8 | of sale, finds and declares that
the structure on the property | ||||||
9 | is abandoned, then the court may order that the
property may be | ||||||
10 | redeemed at any time on or before (i) the expiration of 2 years
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11 | from the date of sale if the holder of the certificate of | ||||||
12 | purchase is not a unit of local government or (ii) the | ||||||
13 | expiration of 6 months
from the date of sale if the holder of | ||||||
14 | the certificate of purchase is a unit of local government . | ||||||
15 | Notice of the hearing on a petition to declare the
property | ||||||
16 | abandoned shall be given to the owner or owners".
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