(35 ILCS 120/5b) (from Ch. 120, par. 444b)
Sec. 5b. State Tax Lien Index. The Department of Revenue shall maintain a State Tax Lien Index of all tax liens filed in the State Tax Lien Registry as provided for by the State Tax Lien Registration Act.
A notice of lien may be filed after the issuance of a revised final
assessment pursuant to a rehearing or departmental review under Section 4
or Section 5 of this Act.
When the lien obtained pursuant to this Act has been satisfied
and the taxpayer has paid the Department in cash or by guaranteed remittance
an amount representing the filing fee for the lien and the filing fee for the
release of that lien,
the Department shall issue a release
of lien and file that release of lien in the State Tax Lien Registry. The release of lien shall contain in legible letters a
statement as
follows: FOR THE PROTECTION OF THE OWNER, THIS RELEASE SHALL
BE FILED IN THE STATE TAX LIEN REGISTRY.
When a certificate of complete or partial release of lien issued by the
Department is filed in the State Tax Lien Registry, the Department of Revenue shall permanently attach the certificate of release to the notice
of lien or notice of jeopardy assessment lien and shall enter the
certificate of release and the date in the "State Tax Lien Index" on the
line where the notice of lien or notice of jeopardy assessment lien is
entered.
(Source: P.A. 100-22, eff. 1-1-18 .)
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