IL HB4804 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Requires county collectors to adopt a single bidder rule sufficient to prohibit a tax purchaser from registering more than one related bidding entity. Provides that violation of a single bidder rule is a Class A misdemeanor for a first offense and a Class 4 felony for a second or subsequent offense. Provides that a second or subsequent offense shall operate as a bar to any future participation in tax sales within Illinois. Effective immediately.

Tracking Information

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Title

PROP TX-SINGLE BIDDER

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-02-14HouseReferred to Rules Committee
2018-02-14HouseFirst Reading
2018-02-13HouseFiled with the Clerk by Rep. Joe Sosnowski

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520021-205Amended CodeCitation Text

Illinois State Sources


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