Bill Text: IL SB1493 | 2017-2018 | 100th General Assembly | Enrolled

Bill Title: Amends the Property Tax Code. Provides that a Section of the Code that provides for an abatement of unpaid taxes and existing liens for certain property that is acquired by a unit of local government also applies to forest preserve districts (now, counties, municipalities, school districts, and park districts only).

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Enrolled) 2017-06-28 - Sent to the Governor [SB1493 Detail]

Download: Illinois-2017-SB1493-Enrolled.html

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1 AN ACT concerning revenue.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Property Tax Code is amended by changing
5Section 21-95 as follows:
6 (35 ILCS 200/21-95)
7 Sec. 21-95. Tax abatement after acquisition by a
8governmental unit. When any county, municipality, school
9district, forest preserve district, or park district acquires
10property through the foreclosure of a lien, through a judicial
11deed, through the foreclosure of receivership certificate
12lien, or by acceptance of a deed of conveyance in lieu of
13foreclosing any lien against the property, or when a government
14unit acquires property under the Abandoned Housing
15Rehabilitation Act, or when any county or other taxing district
16acquires a deed for property under Section 21-90 or Sections
1721-145 and 21-260, or when any county, municipality, school
18district, forest preserve district, or park district acquires
19title to property that was to be transferred to that county,
20municipality, school district, forest preserve district, or
21park district under the terms of an annexation agreement,
22development agreement, donation agreement, plat of
23subdivision, or zoning ordinance by an entity that has been

SB1493 Enrolled- 2 -LRB100 08448 HLH 18566 b
1dissolved or is being dissolved or has been in bankruptcy
2proceedings or is in bankruptcy proceedings, all due or unpaid
3property taxes and existing liens for unpaid property taxes
4imposed or pending under any law or ordinance of this State or
5any of its political subdivisions shall become null and void.
6(Source: P.A. 96-1142, eff. 7-21-10.)