IL HB4845 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 14 2018 - 25% progression
Action: 2018-02-14 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. In provisions concerning payments from the Indemnity Fund, provides that the indemnity amount is limited to the fair cash value of the property as of the date the tax deed was issued (currently, fair cash value of the property) less any mortgages or liens on the property. Effective immediately.

Tracking Information

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Title

PROP TX-INDEMNITY

Sponsors


History

DateChamberAction
2018-02-14HouseReferred to Rules Committee
2018-02-14HouseFirst Reading
2018-02-14HouseFiled with the Clerk by Rep. Robert Martwick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520021-305Amended CodeCitation Text

Illinois State Sources


Bill Comments

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