Senate Sponsors: SILVERSTEIN. House Sponsors: BIGGINS-MOORE Short description: PROP TAXES-SALES IN ERROR Synopsis of Bill as introduced: Amends the Property Tax Code. Provides that ownership of property by the State, a municipality, or a taxing district is grounds for a declaration that a property foreclosure sale is a sale in error. Provides that when a court refuses to issue the tax deed following the sale of a property and the purchaser made a bona fide attempt to comply with the statutory requirements for issuance of a tax deed, the amount refunded to the purchaser must include all costs posted to the tax judgment, sale, redemption, and forfeiture record, as well as all other taxes paid by the purchaser after the tax sale. Makes other changes. SENATE AMENDMENT NO. 1. Adds reference to: 35 ILCS 200/22-45 Deletes everything. Amends the Property Tax Code. Provides that the court shall declare a sale to be a sale in error if the lien of the taxes sold becomes null and void because a government unit has acquired the property, if the property is owned by the State, a municipality, or a taxing district, or if the purchaser made a bona fide attempt to comply with statutory requirements but failed to do so. In certain situations when the court has declared a sale in error, provides for the refund of costs and payment of interest. Makes changes with respect to payments from the special fund for the payment of interest. Makes changes with respect to the incontestability of certain tax deeds. Provides that certain of the changes are declarative of existing law. Last action on Bill: PUBLIC ACT.............................. 92-0224 Last action date: AUG-02-2001 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status