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IL SB3097

Bill

Status

Passed

5/27/2022

Primary Sponsor

Mattie Hunter

Click for details

Origin

Senate

102nd General Assembly

AI Summary

SB3097 Summary

  • Amends the Property Tax Code to allow county collectors to conduct scavenger sales through electronic automated sales in addition to in-person public sales.

  • Modifies payment procedures for scavenger sales, requiring successful bidders to pay the minimum bid by the end of the business day for in-person sales or by close of business day for electronic sales, with balance due by close of next business day.

  • Removes a requirement that certificate of purchase owners file property owner names and addresses with the county clerk within 30 days of filing a tax deed petition, instead delegating notice procedures to the clerk.

  • Changes the notice delivery timeline for mailed notices from "promptly" to a specific requirement that notices be mailed not less than 3 months prior to redemption expiration, and adjusts the filing deadline to not more than 6 months and not less than 111 days before redemption expiration.

  • Applies changes to matters in which a tax deed petition is filed on or after the effective date, with a savings clause protecting tax deeds issued before the effective date.

Legislative Description

PROP TX-NOTICE OF REDEMPTION

Last Action

Public Act . . . . . . . . . 102-1003

5/27/2022

Committee Referrals

Assignments4/7/2022
Revenue & Finance3/23/2022
Rules3/22/2022
Revenue & Finance3/7/2022
Rules2/23/2022
Revenue2/16/2022
Assignments2/16/2022
Revenue1/26/2022
Assignments1/11/2022

Full Bill Text

No bill text available