Synopsis of Bill as introduced:
Amends the Property Tax Code. Provides that a person redeeming
property at a time subsequent to the filing of a petition for tax and
special assessment foreclosure proceedings or a petition for deed who
does not desire to contest the validity of the petition may redeem the
property at any time before the expiration of the period or extended
period of redemption without filing a redemption under protest.
Requires the county clerk to enter the redemption on the record and
distribute the redemption money to the holder of the certificate of
purchase upon surrender of the certificate. Effective immediately.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status