Bill Text: IL SB0403 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Property Tax Code. Makes a technical change in a Section concerning the bond of the collector.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB0403 Detail]

Download: Illinois-2011-SB0403-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 SB0403 Introduced 2/8/2011, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
35 ILCS 200/19-60
Amends the Property Tax Code. Makes a technical change in a Section concerning the bond of the collector.
LRB097 04254 HLH 44293 b
A BILL FOR
SB0403 LRB097 04254 HLH 44293 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Tax Code is amended by changing
Section 19-60 as follows:
(35 ILCS 200/19-60)
Sec. 19-60. Bond as security for taxes collected. The The
bond of every county or township collector shall be held to be
security for the payment by the collector to the county
treasurer and the taxing districts and proper authorities, of
all taxes, special assessments which are collected or received
on their behalf, and of all penalties which are recovered
against him.
(Source: P.A. 90-655, eff. 7-30-98.)