Bill Text: IL SB1795 | 2017-2018 | 100th General Assembly | Engrossed


Bill Title: Amends the Property Tax Code. In a Section concerning tax abatements after acquisition by a governmental unit, provides that the abatement applies to property acquired by a governmental unit under a blight reduction or abandoned property program administered by the Illinois Housing Development Authority. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed) 2017-05-26 - Final Action Deadline Extended-9(b) May 31, 2017 [SB1795 Detail]

Download: Illinois-2017-SB1795-Engrossed.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, or park district acquires property through the
10foreclosure of a lien, through a judicial deed, through the
11foreclosure of receivership certificate lien, or by acceptance
12of a deed of conveyance in lieu of foreclosing any lien against
13the property, or when a government unit acquires property under
14the Abandoned Housing Rehabilitation Act or a blight reduction
15or abandoned property program administered by the Illinois
16Housing Development Authority, or when any county or other
17taxing district acquires a deed for property under Section
1821-90 or Sections 21-145 and 21-260, or when any county,
19municipality, school district, or park district acquires title
20to property that was to be transferred to that county,
21municipality, school district, or park district under the terms
22of an annexation agreement, development agreement, donation
23agreement, plat of subdivision, or zoning ordinance by an

SB1795 Engrossed- 2 -LRB100 05858 HLH 21599 b
1entity that has been dissolved or is being dissolved or has
2been in bankruptcy proceedings or is in bankruptcy proceedings,
3all due or unpaid property taxes and existing liens for unpaid
4property taxes imposed or pending under any law or ordinance of
5this State or any of its political subdivisions shall become
6null and void.
7(Source: P.A. 96-1142, eff. 7-21-10.)
8 Section 99. Effective date. This Act takes effect upon
9becoming law.
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