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IL HB6311

Bill

Status

Introduced

2/11/2016

Primary Sponsor

Michael Tryon

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Origin

House of Representatives

99th General Assembly

AI Summary

  • Establishes that each tax purchaser in all counties shall pay an automation fee set by the county board of not more than $10 for each item purchased at a tax sale.

  • Changes the indemnity fee in counties with less than 3,000,000 inhabitants from a fixed $20 to a fee of not more than $20 set by the county board for each item purchased.

  • Requires counties of less than 3,000,000 inhabitants to impose a fee for payment of interest and costs of up to $60 per item purchased, subject to county board approval by resolution.

  • Requires collected automation fees in smaller counties to be retained in a Tax Sale Automation Fund for costs related to automating property tax collections and delinquent tax sales, and to provide electronic access to tax records.

Legislative Description

PROP TX-TAX PURCHASERS

Last Action

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

6/30/2016

Committee Referrals

Rules6/30/2016
Revenue & Finance5/19/2016
Rules4/8/2016
Property Tax3/29/2016
Revenue & Finance3/23/2016
Rules2/11/2016

Full Bill Text

No bill text available