Rep. Lou Lang

Filed: 3/24/2014

 

 


 

 


 
09800HB5336ham001LRB098 19193 HLH 57201 a

1
AMENDMENT TO HOUSE BILL 5336

2    AMENDMENT NO. ______. Amend House Bill 5336 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Property Tax Code is amended by changing
5Section 22-5 as follows:
 
6    (35 ILCS 200/22-5)
7    Sec. 22-5. Notice of sale and redemption rights. In order
8to be entitled to a tax deed, within 4 months and 15 days after
9any sale held under this Code, the purchaser or his or her
10assignee shall deliver to the county clerk a notice to be given
11to the party in whose name the taxes are last assessed as shown
12by the most recent tax collector's warrant books, in at least
1310 point type in the following form completely filled in:
14
TAKE NOTICE
15    County of ...............................................
16    Date Premises Sold ......................................

 

 

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1    Certificate No. .........................................
2    Sold for General Taxes of (year) ........................
3    Sold for Special Assessment of (Municipality)
4    and special assessment number ...........................
5    Warrant No. ............... Inst. No. .................
6
THIS PROPERTY HAS BEEN SOLD FOR
7
DELINQUENT TAXES
8Property located at .........................................
9Legal Description or Property Index No. .....................
10.............................................................
11.............................................................
12    This notice is to advise you that the above property has
13been sold for delinquent taxes and that the period of
14redemption from the sale will expire on .....................
15    This notice is also to advise you that a petition will be
16filed for a tax deed which will transfer title and the right to
17possession of this property if redemption is not made on or
18before ......................................................
19    At the date of this notice the total amount which you must
20pay in order to redeem the above property is ................
21
YOU ARE URGED TO REDEEM IMMEDIATELY TO
22
PREVENT LOSS OF PROPERTY
23    Redemption can be made at any time on or before .... by
24applying to the County Clerk of .... County, Illinois at the
25Office of the County Clerk in ...., Illinois.
26    The above amount is subject to increase at 6 month

 

 

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1intervals from the date of sale. Check with the county clerk as
2to the exact amount you owe before redeeming. Payment must be
3made by certified check, cashier's check, money order, or in
4cash.
5    For further information contact the County Clerk
6ADDRESS:............................
7TELEPHONE:..........................
 
8
...............................
9
Purchaser or Assignee
10
Dated (insert date).

 
11    Within 10 days after receipt of said notice, the county
12clerk shall mail to the addresses supplied by the purchaser or
13assignee, by registered or certified mail, copies of said
14notice to the party in whose name the taxes are last assessed
15as shown by the most recent tax collector's warrant books. The
16purchaser or assignee shall pay to the clerk postage plus the
17sum of $10. The clerk shall write or stamp the date of
18receiving the notices upon the copies of the notices, and
19retain one copy.
20    The changes to this Section made by this amendatory Act of
21the 97th General Assembly apply only to tax sales that occur on
22or after the effective date of this amendatory Act of the 97th
23General Assembly.
24    The court shall insist on substantial compliance with this

 

 

09800HB5336ham001- 4 -LRB098 19193 HLH 57201 a

1Section.
2(Source: P.A. 97-557, eff. 7-1-12.)".