HB1381 Summary

• Increases the fee imposed when a notice of sale and redemption rights has been filed from $4 to $10 under Section 21-355 of the Property Tax Code.

• Adds fees paid by the certificate holder to the circuit clerk for filing a Motion for Declaration of Sale in Error under Section 21-310 to the redemption payment amount.

• Applies to the redemption process for tax-foreclosed properties in Illinois, requiring property owners or other parties seeking to redeem to deposit the specified amounts with the county clerk.