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IL HB6311
Bill
Status
2/11/2016
Primary Sponsor
Michael Tryon
Click for details
AI Summary
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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.
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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.
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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.
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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