IL HB5747 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 8 2022 - 25% progression, died in committee
Action: 2022-11-16 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that, for the purposes of the single bidder rule, certain entities that share information, office space, or bidding strategy related to any parcel offered at a tax sale with any other registered individual are considered a related bidding entity. Provides that a registered participant that incurs damages as as a result of a violation of the single bidder rule may bring suit in the circuit court and may recover treble damages and reasonable attorney's fees.

Tracking Information

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Title

PROP TX-TAX SALE

Sponsors


History

DateChamberAction
2022-11-16HouseReferred to Rules Committee
2022-11-16HouseFirst Reading
2022-04-08HouseFiled with the Clerk by Rep. Michael J. Zalewski

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520021-205Amended CodeCitation Text

Illinois State Sources


Bill Comments

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