Rep. Cynthia Soto
Filed: 4/2/2008
 
 

 




 

 		












09500HB4577ham001

LRB095 16840 AJO 47752 a






1

AMENDMENT TO HOUSE BILL 4577 




2
    AMENDMENT NO. ______. Amend House Bill 4577 by replacing 
3
everything after the enacting clause with the following:

 
4
    "Section 5. The Code of Civil Procedure is amended  by 
5
adding Section 15-1406 as follows:
 
6
    (735 ILCS 5/15-1406  new)
7
    Sec. 15-1406. Sale surplus deposit fee. For any surplus 
8
being deposited by the circuit court clerk or the sheriff as 
9
directed by the court, the clerk shall charge and collect a $20 
10
fee for each deposit of surplus proceeds, unless otherwise 
11
ordered by the court, which shall be paid to the clerk at the 
12
time the surplus money is deposited. Of this $20 fee, $15 shall 
13
be deposited into the county's general fund and $5 shall be 
14
deposited into the Circuit Court Clerk Operation and 
15
Administrative Fund created by the clerk of the circuit court. 
16
The clerk of the circuit court shall notify each defendant 
 


 






09500HB4577ham001
- 2 -
LRB095 16840 AJO 47752 a




1
mortgagor by mail at the last address provided by the 
2
defendants that a surplus was deposited with the clerk of the 
3
circuit court and that a petition may be filed for turnover of 
4
surplus funds. If no address was provided to the clerk of the 
5
circuit court by the defendants, the clerk of the circuit court 
6
shall not notify the defendants of the deposit of the surplus 
7
proceeds.".