Comments: IL SB3147 | 2011-2012 | 97th General Assembly

Bill Title: 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.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2013-01-08 - Session Sine Die [SB3147 Detail]

Text: Latest bill text (Introduced) [HTML]

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