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IL HB4219
Bill
Status
Passed
5/27/2022
Primary Sponsor
Katie Stuart
Click for details
AI Summary
- Illinois State Treasurer authorized to convey real property in Collinsville (Lots 7, 8, and 11 in Eastport Plaza First Addition, Madison County) to the City of Collinsville via quitclaim deed for $1 consideration
- Property conveyance restricted to tourism and hospitality development purposes, with title reverting to the State if property is used for other purposes or if sale is attempted
- Treasurer must obtain certified copy of the act and record it in Madison County Recorder's Office within 60 days of the act's effective date
- Treasurer authorized to sell, convey, or settle any remaining state interests (including liens) associated with the Illinois Insured Mortgage Pilot Program, with proceeds deposited to the General Revenue Fund
- Act becomes effective upon becoming law
Legislative Description
LAND TRANSFER-COLLINSVILLE
Last Action
Public Act . . . . . . . . . 102-0925
5/27/2022
Committee Referrals
Judiciary4/4/2022
Assignments4/1/2022
Executive3/28/2022
Rules3/25/2022
Executive3/15/2022
Rules3/8/2022
Executive3/1/2022
Rules1/5/2022
Full Bill Text
No bill text available