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IL HB2166
Bill
Status
Failed
1/7/2025
Primary Sponsor
Margaret Croke
Click for details
AI Summary
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Removes requirement that tax sale notices include the specific redemption amount at the time notice is given.
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Adds language to notices stating that the redemption amount is subject to increase at 6-month intervals from the date of sale and may increase further if the purchaser or assignee pays subsequently accruing taxes or special assessments.
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Directs property owners to check with the county clerk for the exact amount owed before redeeming rather than relying on the amount stated in the notice.
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Applies only to tax sales occurring on or after the effective date of this amendatory act.
Legislative Description
PROP TX-NOTICE OF RIGHTS
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules3/10/2023
Property Tax2/23/2023
Revenue & Finance2/21/2023
Rules2/7/2023
Full Bill Text
No bill text available