Bill Texts: IL SB0845 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Property Tax Code. Provides that, in Cook County, all applications for judgment and order of sale for taxes and special assessments on delinquent properties shall be made (i) by April 1, 2017 for tax year 2015, and (ii) by March 1 of the second calendar year after the applicable tax year for tax year 2016 and thereafter (currently, by May 1, 2016 for tax year 2014, by March 1, 2017 for tax year 2015, and within 90 days after the second installment due date for tax year 2016 and each tax year thereafter). Makes changes concerning the indemnity fee. Provides that the fee shall be adjusted annually beginning on February 1, 2023. Provides that the court may not declare a sale in error solely based on an error of the assessor, chief county assessment officer, board of review, board of appeals, or other county official if the court finds that the error is immaterial. In provisions that require the court to declare a sale in error in the case of a voluntary or involuntary petition under the provisions of the federal Bankruptcy Code of 1978, provides that the petition must be pending on the date of the application for judgment and order of sale or the date of the tax sale. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB0845 Detail]

Bill Drafts

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Introduced2017-02-07HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB0845

Supplemental Documents

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No supplemental documents for Illinois SB0845 currently on file.

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