95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB1264


 
Introduced 2/9/2007, by Sen. Mike Jacobs
 
SYNOPSIS AS INTRODUCED:
 		














35 ILCS 200/22-35









    Amends the Property Tax Code. In provisions concerning the issuance of tax deeds, provides that a sale in error is not allowed for a failure to reimburse a municipality for its lien on the property if that municipal interest giving rise to the lien came into existence and was properly recorded at least one month prior to the purchase of the taxes.  Effective immediately.
















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FISCAL NOTE ACT MAY APPLY


HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











SB1264

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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 22-35 as follows:
 



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    (35 ILCS 200/22-35)



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    Sec. 22-35. Reimbursement of municipality before issuance 
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of tax deed. 

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    (a) Except in any proceeding in which the tax purchaser is 
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a county acting as a
trustee for
taxing districts as provided 
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in Section 21-90,
an order for the issuance of a tax deed under 
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this Code shall not be entered
affecting the title to or 
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interest in any property in which a city, village or

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incorporated town has an interest under the police and welfare 
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power by
advancements made from public funds, until the 
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purchaser or assignee makes
reimbursement to the city, village 
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or incorporated town of the money so
advanced or the city, 
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village, or town waives its lien on the property for
the money 
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so advanced.  However, in lieu of reimbursement or waiver, the

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purchaser or
his or her
assignee may make application for and 
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the court shall order that the tax
purchase be set aside as a 
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sale in error.  A filing or appearance fee shall not
be required 
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of a city, village or incorporated town seeking to enforce its

 


 






SB1264
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claim under this Section in a tax deed proceeding.

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    (b) A sale in error provided under this Section is not 
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allowed if the municipal interest described in subsection (a) 
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came in to existence and was properly recorded at least one 
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month prior to the purchase of the taxes.

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(Source: P.A. 93-490, eff. 8-8-03.)

 

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