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IL SB1525
Bill
Status
Introduced
2/20/2015
Primary Sponsor
Pat McGuire
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AI Summary
- Amends Section 21-45 of the Property Tax Code regarding failure to issue tax bills in prior years.
- Requires one tax bill to be prepared and mailed by July 1 of the year following any year in which no tax bill was issued for a property.
- Taxes on property for the year in which no bill was issued shall accrue interest at 1.5% per month or portion thereof after August 1 until paid or forfeited.
- Makes a technical grammatical correction to the existing statute language.
Legislative Description
PROPERTY TAX CODE-NOTICES
Last Action
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
7/31/2016
Committee Referrals
Assignments7/31/2016
Revenue3/30/2016
Assignments2/20/2015
Full Bill Text
No bill text available