IL SB1710 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Summary
Amends the Property Tax Code. Provides that all tax sales that are not conducted using automated means shall be videotaped. In a Section concerning penalty bids, provides that the collector may, at his or her discretion, declare the taxes forfeited if multiple simultaneous bids of the same percentage are made and those bids are the lowest. Provides that, if there are multiple bids for 0%, then the collector shall randomly select one of the bidders to be the purchaser of the property. Provides that, during the sale, each bidder's penalty percentage shall be disclosed to the other bidders. Provides that bidders shall have the opportunity to reduce their bids during the sale after previous bids have been disclosed. Provides that a record of the winning bid and the name of the tax purchaser shall be open to public inspection.
Title
PROP TX-TAX SALE-PENALTY BIDS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2011-07-23 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2011-03-17 | Senate | Placed on Calendar Order of 2nd Reading March 17, 2011 |
2011-03-17 | Senate | Do Pass as Amended Revenue; 008-000-000 |
2011-03-16 | Senate | Senate Committee Amendment No. 1 Adopted |
2011-03-10 | Senate | Postponed - Revenue |
2011-03-10 | Senate | Senate Committee Amendment No. 1 Postponed - Revenue |
2011-03-09 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
2011-03-08 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
2011-03-08 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine |
2011-03-03 | Senate | Postponed - Revenue |
2011-02-23 | Senate | Assigned to Revenue |
2011-02-09 | Senate | Referred to Assignments |
2011-02-09 | Senate | First Reading |
2011-02-09 | Senate | Filed with Secretary by Sen. William R. Haine |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 21-205 | Amended Code | Citation Text |
35 | 200 | 21-215 | Amended Code | Citation Text |