Public Act 100-0445
 
SB1493 EnrolledLRB100 08448 HLH 18566 b


  
    AN ACT concerning revenue.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The Property Tax Code is amended  by changing 
Section 21-95 as follows:
 
    (35 ILCS 200/21-95)
    Sec. 21-95. Tax abatement after acquisition by a 
governmental unit. When
any county, municipality, school 
district, forest preserve district, or park district acquires 
property through the foreclosure of a
lien, through
a
judicial 
deed, through the
foreclosure of receivership
certificate 
lien, or by acceptance of a deed of conveyance in lieu of

foreclosing any lien against the
property, or when a government 
unit acquires property under the Abandoned
Housing 
Rehabilitation Act, or when any county or other taxing district

acquires a deed for property under Section 21-90 or Sections 
21-145 and 21-260,
or when any county, municipality, school 
district, forest preserve district, or park district acquires 
title to property that was to be transferred to that county, 
municipality, school district, forest preserve district, or 
park district under the terms of an annexation agreement, 
development agreement, donation agreement, plat of 
subdivision, or zoning ordinance by an entity that has been 
dissolved or is being dissolved or has been in bankruptcy 
proceedings or is in bankruptcy proceedings, all due or unpaid 
property taxes and existing liens for unpaid property taxes

imposed or pending under any law or ordinance of this State or 
any of its
political subdivisions shall become null and void.
(Source: P.A. 96-1142, eff. 7-21-10.)
  


Effective Date:  1/1/2018