Illinois General Assembly - Bill Status for HB6936
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 Bill Status of HB6936  96th General Assembly


Short Description:  PROP TX-PENALTY BIDS-INTEREST

House Sponsors
Rep. Ron Stephens

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/21-217 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that no person who has successfully exercised a penalty bid may charge any amount in interest, penalties, and fees combined upon the delinquent property owner that exceeds 18% per annum. Effective immediately.

Actions 
DateChamber Action
  10/29/2010HouseFiled with the Clerk by Rep. Ron Stephens
  11/10/2010HouseFirst Reading
  11/10/2010HouseReferred to Rules Committee
  1/11/2011HouseSession Sine Die

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