Replaces everything after the enacting clause. Amends the Illinois Municipal Code. Provides that a municipality may prescribe ordinances for the maintenance and security of vacant property and impose fines and registration fees for vacant property. Provides that a municipality may hold responsible for failure to maintain or secure a vacant property any owner, previous owner, beneficiary or trustee of a deed of trust that holds the property, mortgagee, or assignee of an owner, beneficiary, trustee, or mortgagee. Provides that a municipality shall have a lien upon the underlying property for removal costs associated with vacant property. Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. In provisions concerning redemption, adds various requirements for determining whether mortgaged real estate has been abandoned. Effective immediately.
Correctional Note, House Committee Amendment No. 3 (Dept of Corrections)
This legislation has no fiscal or population impact on the Department.
Land Conveyance Appraisal Note, House Committee Amendment No. 3 (Dept. of Transportation)
No land conveyances are included in this bill.
State Debt Impact Note, House Committee Amendment No. 3 (Government Forecasting & Accountability)
HB 1109, as amended by House Amendment 3, would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.