|
|
|
HB5069 Engrossed |
|
LRB095 15255 BDD 41240 b |
|
|
1 |
| AN ACT concerning revenue.
|
2 |
| Be it enacted by the People of the State of Illinois,
|
3 |
| represented in the General Assembly:
|
4 |
| Section 5. The Property Tax Code is amended by changing |
5 |
| Section 20-210 as follows:
|
6 |
| (35 ILCS 200/20-210)
|
7 |
| Sec. 20-210. Taxes payable in installments; payment under |
8 |
| specification. Except as otherwise provided in Section 21-30, |
9 |
| current taxes shall be payable
in 2 equal installments. The |
10 |
| collector, when requested by the party paying the
taxes, shall |
11 |
| receive and receipt for the taxes in installments. The |
12 |
| collector shall
may receive taxes on part of any property |
13 |
| charged with taxes when
a
particular specification of the part |
14 |
| is furnished. If the tax on the remainder
of the property |
15 |
| remains unpaid, the collector shall enter that specification in
|
16 |
| his or her return, so that the part on which the tax remains |
17 |
| unpaid may be
clearly known. The tax may be paid on an |
18 |
| undivided share of property. In that
case, the collector shall |
19 |
| designate on his or her record upon whose undivided
share the |
20 |
| tax has been paid.
|
21 |
| (Source: P.A. 93-366, eff. 7-24-03.)
|
22 |
| Section 99. Effective date. This Act takes effect January |