SB0304 Enrolled

LRB095 04771 BDD 24830 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 21-160 as follows:
 



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    (35 ILCS 200/21-160)



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    Sec. 21-160. Annual tax judgment, sale, redemption, and 
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forfeiture record. 
The collector shall transcribe into a 
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record prepared for that purpose, and
known as the annual tax 
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judgment, sale, redemption and forfeiture record, the
list of 
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delinquent properties.  On or before the day on
which 
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application for judgment is to be made, the
The record shall be 
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made out in numerical order, and contain
all the information 
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necessary to be recorded, at least 5 days before the day on

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which application for judgment is to be made.

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    The record shall set forth the name of the owner, if known; 
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the description
of the property; the year or years for which 
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the tax or, in counties with
3,000,000 or more inhabitants, the 
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tax or special assessments is
due; the valuation on which the 
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tax is extended; the amount of the
consolidated and other taxes 
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or in counties with 3,000,000 or more inhabitants,
the 
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consolidated and other taxes and special assessments; the 
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costs; and the
total amount of charges against the property.

 


 






SB0304 Enrolled
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LRB095 04771 BDD 24830 b




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    The final record shall also be ruled in columns, to show in 
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counties with 3,000,000
or more inhabitants the withdrawal of 
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any special assessments from collection
and in all counties to 
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show the amount paid before entry of judgment; the
amount of 
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judgment and a column for remarks; the amount paid before sale 
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and
after entry of judgment; the amount of the sale; amount of 
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interest or penalty;
amount of cost; amount forfeited to the 
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State; date of sale; acres or part
sold; name of purchaser; 
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amount of sale and penalty; taxes of succeeding years;
interest 
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and when paid, interest and cost; total amount of redemption; 
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date of
redemption; when deed executed; by whom redeemed; and a 
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column for remarks or
receipt of redemption money.

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    The final record shall be kept in the office of the county 
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clerk.

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(Source: P.A. 88-455; 89-126, eff. 7-11-95.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.