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| Public Act 096-1142 | ||||
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AN ACT concerning revenue.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Property Tax Code is amended by changing | ||||
Sections 21-95 and 21-100 as follows: | ||||
(35 ILCS 200/21-95) | ||||
Sec. 21-95. Tax abatement after acquisition by a | ||||
governmental unit. When
any county, or municipality, school | ||||
district, or park district acquires property through the | ||||
foreclosure of a
lien, through
a
judicial deed, through the
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foreclosure of receivership
certificate lien, or by acceptance | ||||
of a deed of conveyance in lieu of
foreclosing any lien against | ||||
the
property, or when a government unit acquires property under | ||||
the Abandoned
Housing Rehabilitation Act, or when any county or | ||||
other taxing district
acquires a deed for property under | ||||
Section 21-90 or Sections 21-145 and 21-260,
or when any | ||||
county, municipality, school district, or park district | ||||
acquires title to property that was to be transferred to that | ||||
county, municipality, school district, or park district under | ||||
the terms of an annexation agreement, development agreement, | ||||
donation agreement, plat of subdivision, or zoning ordinance by | ||||
an entity that has been dissolved or is being dissolved or has | ||||
been in bankruptcy proceedings or is in bankruptcy proceedings, | ||||
all due or unpaid property taxes and existing liens for unpaid | ||
property taxes
imposed or pending under any law or ordinance of | ||
this State or any of its
political subdivisions shall become | ||
null and void. | ||
(Source: P.A. 91-305, eff. 1-1-00.) | ||
(35 ILCS 200/21-100) | ||
Sec. 21-100. Notice to county officials; voiding of tax | ||
bills. The county
board or corporate authorities of the county, | ||
or other taxing district
acquiring property under Section 21-95 | ||
shall give written notice of the
acquisition to the chief | ||
county assessment officer and the county collector and
the | ||
county clerk of the county in which the property is located, | ||
and request
the voiding of the tax liens as provided in this | ||
Section. The notice shall
describe the acquired property by | ||
legal description or property index number. | ||
Upon receipt of the notice, the county collector and county | ||
clerk shall void
the current and all prior unpaid taxes on the | ||
records in their respective
offices by entering the following | ||
statement upon their records for the
property: "Acquired by ... | ||
(name of county, or municipality, school district, or park | ||
district acquiring the
property under Section 21-95). Taxes due | ||
and unpaid on this property ...
(give legal description or | ||
property index number and address of the property)
... are | ||
waived and null and void under Section 21-100 of the Property | ||
Tax Code.
The tax bills of this property are hereby voided and | ||
liens for the taxes are
extinguished." | ||
(Source: P.A. 86-949; 86-1158; 88-455.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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