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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB5069
Introduced , by Rep. Bob Biggins SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code concerning payments under specification. Provides that the collector shall
(instead of "may") receive taxes on part of any property charged with taxes when
a
particular specification of the part is furnished. Effective immediately.
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FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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HB5069 |
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LRB095 15255 BDD 41240 b |
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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 |
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| Section 20-210 as follows:
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| (35 ILCS 200/20-210)
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| Sec. 20-210. Taxes payable in installments; payment under |
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| specification. Except as otherwise provided in Section 21-30, |
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| current taxes shall be payable
in 2 equal installments. The |
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| collector, when requested by the party paying the
taxes, shall |
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| receive and receipt for the taxes in installments. The |
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| collector shall
may receive taxes on part of any property |
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| charged with taxes when
a
particular specification of the part |
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| is furnished. If the tax on the remainder
of the property |
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| remains unpaid, the collector shall enter that specification in
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| his or her return, so that the part on which the tax remains |
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| unpaid may be
clearly known. The tax may be paid on an |
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| undivided share of property. In that
case, the collector shall |
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| designate on his or her record upon whose undivided
share the |
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| tax has been paid.
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| (Source: P.A. 93-366, eff. 7-24-03.)
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| Section 99. Effective date. This Act takes effect upon |