Loading chat...

IL SB3535

Bill

Status

Failed

1/13/2015

Primary Sponsor

Mike Jacobs

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Amends Section 21-310 of the Illinois Property Tax Code to require courts to promptly notify the county collector in writing when declaring a tax sale in error upon application by the owner of the certificate of purchase.

  • Applies specifically to sales declared in error under subsection (b) grounds, including bankruptcy filings, substantially destroyed improvements, federal interests in property, and hazardous substance conditions.

  • Adds a new requirement that the written notification to the county collector must occur promptly after the court's declaration of a sale in error.

  • Maintains existing procedures for administrative declarations of sales in error by the county collector, including the 28-day objection period for certificate holders before administrative finalization.

Legislative Description

SALE IN ERROR-NOTIFY COLLECTOR

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments3/28/2014
Revenue3/5/2014
Assignments2/14/2014

Full Bill Text

No bill text available