IL SB3147 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. In a Section concerning penalty bids at the annual tax sale, provides that no bid shall be accepted for a penalty exceeding 9% (instead of 18%) of the amount of the tax or special assessment on property. Effective immediately.

Tracking Information

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Title

PROP TX-TAX SALES-BIDS

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2012-03-30SenateRule 3-9(a) / Re-referred to Assignments
2012-03-09SenateRule 2-10 Committee Deadline Established As March 30, 2012
2012-02-24SenateTo Revenue Subcommittee on Special Issues
2012-02-07SenateAssigned to Revenue
2012-02-01SenateReferred to Assignments
2012-02-01SenateFirst Reading
2012-02-01SenateFiled with Secretary by Sen. Thomas Johnson

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520021-215Amended CodeCitation Text

Illinois State Sources


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