Bill Text: IL SB1041 | 2019-2020 | 101st General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Property Tax Code. Provides that, in a county with more than 800,000 inhabitants but fewer than 1,000,000 inhabitants, if a lessee is liable for the payment of property taxes extended against property that is owned by a taxing district, the county treasurer shall promptly notify the taxing district that owns the property if the property taxes are delinquent 60 days after the second installment due date. Provides that the taxing district shall promptly notify the county supervisor of assessments upon the execution of a new lease or the termination of a lease. Provides that the State's Attorney of the county in which the property is located may bring an action against the lessee in the circuit court to recover the full amount of delinquent taxes, interest, penalties, and costs.
Spectrum: Bipartisan Bill
Status: (Passed) 2019-08-02 - Public Act . . . . . . . . . 101-0198 [SB1041 Detail]
Download: Illinois-2019-SB1041-Introduced.html
Bill Title: Amends the Property Tax Code. Provides that, in a county with more than 800,000 inhabitants but fewer than 1,000,000 inhabitants, if a lessee is liable for the payment of property taxes extended against property that is owned by a taxing district, the county treasurer shall promptly notify the taxing district that owns the property if the property taxes are delinquent 60 days after the second installment due date. Provides that the taxing district shall promptly notify the county supervisor of assessments upon the execution of a new lease or the termination of a lease. Provides that the State's Attorney of the county in which the property is located may bring an action against the lessee in the circuit court to recover the full amount of delinquent taxes, interest, penalties, and costs.
Spectrum: Bipartisan Bill
Status: (Passed) 2019-08-02 - Public Act . . . . . . . . . 101-0198 [SB1041 Detail]
Download: Illinois-2019-SB1041-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Public Utilities Revenue Act is amended by | |||||||||||||||||||
5 | changing Section 14a as follows:
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6 | (35 ILCS 620/14a) (from Ch. 120, par. 481a)
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7 | Sec. 14a.
This Act may be cited as the
the
Public Utilities | |||||||||||||||||||
8 | Revenue Act. | |||||||||||||||||||
9 | (Source: P.A. 86-1475.)
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