BIGGINS-OSTERMAN-MAUTINO. (MYERS) 35 ILCS 200/21-220 Amends the Property Tax Code. In provisions requiring a person to deposit with the county collector a letter of credit or other unconditional bond in an amount not less than 1.5 times the amount of any tax or special assessment due upon property the person intends to purchases at a tax sale, provides that in no event shall the letter of credit or other unconditional bond be in an amount less than $1,000. Effective immediately. FISCAL NOTE (Illinois Department of Revenue) House Bill 4082 does not have fiscal implications for the Department of Revenue or the State of Illinois. SENATE AMENDMENT NO. 1. Adds reference to: 35 ILCS 200/21-355 Amends the Property Tax Code. Provides that the penalty that must be paid to redeem property sold at a tax sale includes up to $125 paid for costs of title insurance and to identify and locate owners and interested parties to the subject real estate. JAN-29-2002 H FILED WITH CLERK JAN-29-2002 H FIRST READING JAN-29-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-13-2002 H ASSIGNED TO COMMITTEE REVENUE FEB-22-2002 H DO PASS/SHORT DEBATE 011-000-000 HREV FEB-22-2002 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-22-2002 H SECOND READING-SHORT DEBATE MAR-22-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-02-2002 H FISCAL NOTE FILED APR-02-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-03-2002 H PRIMARY SPONSOR CHANGED TO BIGGINS APR-03-2002 H ADDED AS A JOINT SPONSOR OSTERMAN APR-03-2002 H AMENDMENT NO. 01-BIGGINS APR-03-2002 H AMENDMENT REFERRED TO HRUL APR-03-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-05-2002 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-05-2002 H TABLED PURSUANT TO RULE 40(a) HA #01 APR-05-2002 H THIRD READING/SHORT DEBATE/PASSED 117-000-000 APR-09-2002 S ARRIVE IN SENATE APR-09-2002 S PLACED CALENDAR ORDER OF FIRST READING 02-04-10 APR-09-2002 S CHIEF SPONSOR CULLERTON APR-10-2002 S FIRST READING APR-10-2002 S REFERRED TO SENATE RULES COMMITTEE RULES APR-17-2002 S ASSIGNED TO COMMITTEE REVENUE APR-18-2002 S SPONSOR REMOVED CULLERTON APR-18-2002 S ALTERNATE CHIEF SPONSOR CHANGED TO MYERS APR-24-2002 S AMENDMENT NO. 01-REVENUE S APR-24-2002 S ADOPTED APR-25-2002 S DO PASS AS AMENDED 006-001-000 SREV APR-25-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-05-06 MAY-06-2002 S SECOND READING MAY-06-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-05-07 MAY-07-2002 S THIRD READING - PASSED 053-001-001 MAY-07-2002 H ARRIVE IN HOUSE MAY-07-2002 H PLACED ON CALENDAR ORDER OF CONCURRENCE 01 MAY-14-2002 H MOTION FILED CONCUR 01/BIGGINS MAY-14-2002 H MOTION REFERRED TO HRUL MAY-14-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-15-2002 H FINAL PASSAGE DEADLINE EXTENDED-RULE 9(B) TO 5/31/02 MAY-15-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-21-2002 H ADDED AS A JOINT SPONSOR MAUTINO MAY-31-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary