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Revenue Committee
Filed: 3/29/2007
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09500HB0664ham001 |
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LRB095 04790 BDD 34375 a |
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| AMENDMENT TO HOUSE BILL 664
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| AMENDMENT NO. ______. Amend House Bill 664 as follows:
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| on page 2, by replacing lines 15 through 18 with the following: |
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| "properties that the registrant has purchased. If the |
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| registrant cannot participate in the tax sale, then he or she |
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| may notify the tax collector, no later than 5 business days |
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| prior to the sale, of the name of the substitute person who |
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| will participate in the sale in the registrant's place, and an |
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| additional deposit is not required for any such substitute |
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| person. If the registrant does not attend the sale, then the |
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| deposit is forfeited to the Tax Sale Automation Fund |
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| established under Section 21-245. If the registrant does attend |
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| the sale and attempts, but fails, to purchase any parcels |
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| offered for sale, then the deposit must be refunded to the |
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| registrant.".
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