Full Text of HB5144 96th General Assembly
HB5144enr 96TH GENERAL ASSEMBLY
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HB5144 Enrolled |
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LRB096 17571 HLH 32928 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 | 5 |
| Sections 21-95 and 21-100 as follows: | 6 |
| (35 ILCS 200/21-95) | 7 |
| Sec. 21-95. Tax abatement after acquisition by a | 8 |
| governmental unit. When
any county , or municipality , school | 9 |
| district, or park district acquires property through the | 10 |
| foreclosure of a
lien, through
a
judicial deed, through the
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| foreclosure of receivership
certificate lien, or by acceptance | 12 |
| of a deed of conveyance in lieu of
foreclosing any lien against | 13 |
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property, or when a government unit acquires property under | 14 |
| the Abandoned
Housing Rehabilitation Act, or when any county or | 15 |
| other taxing district
acquires a deed for property under | 16 |
| Section 21-90 or Sections 21-145 and 21-260,
or when any | 17 |
| county, municipality, school district, or park district | 18 |
| acquires title to property that was to be transferred to that | 19 |
| county, municipality, school district, or park district under | 20 |
| the terms of an annexation agreement, development agreement, | 21 |
| donation agreement, plat of subdivision, or zoning ordinance by | 22 |
| an entity that has been dissolved or is being dissolved or has | 23 |
| been in bankruptcy proceedings or is in bankruptcy proceedings, |
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HB5144 Enrolled |
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LRB096 17571 HLH 32928 b |
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| all due or unpaid property taxes and existing liens for unpaid | 2 |
| property taxes
imposed or pending under any law or ordinance of | 3 |
| this State or any of its
political subdivisions shall become | 4 |
| null and void. | 5 |
| (Source: P.A. 91-305, eff. 1-1-00.) | 6 |
| (35 ILCS 200/21-100) | 7 |
| Sec. 21-100. Notice to county officials; voiding of tax | 8 |
| bills. The county
board or corporate authorities of the county, | 9 |
| or other taxing district
acquiring property under Section 21-95 | 10 |
| shall give written notice of the
acquisition to the chief | 11 |
| county assessment officer and the county collector and
the | 12 |
| county clerk of the county in which the property is located, | 13 |
| and request
the voiding of the tax liens as provided in this | 14 |
| Section. The notice shall
describe the acquired property by | 15 |
| legal description or property index number. | 16 |
| Upon receipt of the notice, the county collector and county | 17 |
| clerk shall void
the current and all prior unpaid taxes on the | 18 |
| records in their respective
offices by entering the following | 19 |
| statement upon their records for the
property: "Acquired by ... | 20 |
| (name of county , or municipality , school district, or park | 21 |
| district acquiring the
property under Section 21-95). Taxes due | 22 |
| and unpaid on this property ...
(give legal description or | 23 |
| property index number and address of the property)
... are | 24 |
| waived and null and void under Section 21-100 of the Property | 25 |
| Tax Code.
The tax bills of this property are hereby voided and |
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HB5144 Enrolled |
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LRB096 17571 HLH 32928 b |
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| liens for the taxes are
extinguished." | 2 |
| (Source: P.A. 86-949; 86-1158; 88-455.)
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| Section 99. Effective date. This Act takes effect upon | 4 |
| becoming law.
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