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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Sections 21-95 and 21-100 as follows:
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| 6 | (35 ILCS 200/21-95) | ||||||
| 7 | Sec. 21-95. Tax abatement after acquisition by a | ||||||
| 8 | governmental unit. When
any county, or municipality, school | ||||||
| 9 | district, or park district acquires property through the | ||||||
| 10 | foreclosure of a
lien, through
a
judicial deed, through the
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| 11 | foreclosure of receivership
certificate lien, or by acceptance | ||||||
| 12 | of a deed of conveyance in lieu of
foreclosing any lien against | ||||||
| 13 | the
property, or when a government unit acquires property under | ||||||
| 14 | the Abandoned
Housing Rehabilitation Act, or when any county or | ||||||
| 15 | other taxing district
acquires a deed for property under | ||||||
| 16 | Section 21-90 or Sections 21-145 and 21-260,
or when any | ||||||
| 17 | county, municipality, school district, or park district | ||||||
| 18 | acquires title to property that was to be transferred to that | ||||||
| 19 | county, municipality, school district, or park district under | ||||||
| 20 | the terms of an annexation agreement, development agreement, | ||||||
| 21 | donation agreement, plat of subdivision, or zoning ordinance by | ||||||
| 22 | an entity that has been dissolved or is being dissolved or has | ||||||
| 23 | been in bankruptcy proceedings or is in bankruptcy proceedings, | ||||||
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| 1 | all due or unpaid property taxes and existing liens for unpaid | ||||||
| 2 | property taxes
imposed or pending under any law or ordinance of | ||||||
| 3 | this State or any of its
political subdivisions shall become | ||||||
| 4 | null and void. | ||||||
| 5 | (Source: P.A. 91-305, eff. 1-1-00.)
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| 6 | (35 ILCS 200/21-100) | ||||||
| 7 | Sec. 21-100. Notice to county officials; voiding of tax | ||||||
| 8 | bills. The county
board or corporate authorities of the county, | ||||||
| 9 | or other taxing district
acquiring property under Section 21-95 | ||||||
| 10 | shall give written notice of the
acquisition to the chief | ||||||
| 11 | county assessment officer and the county collector and
the | ||||||
| 12 | county clerk of the county in which the property is located, | ||||||
| 13 | and request
the voiding of the tax liens as provided in this | ||||||
| 14 | Section. The notice shall
describe the acquired property by | ||||||
| 15 | legal description or property index number. | ||||||
| 16 | Upon receipt of the notice, the county collector and county | ||||||
| 17 | clerk shall void
the current and all prior unpaid taxes on the | ||||||
| 18 | records in their respective
offices by entering the following | ||||||
| 19 | statement upon their records for the
property: "Acquired by ... | ||||||
| 20 | (name of county, or municipality, school district, or park | ||||||
| 21 | district acquiring the
property under Section 21-95). Taxes due | ||||||
| 22 | and unpaid on this property ...
(give legal description or | ||||||
| 23 | property index number and address of the property)
... are | ||||||
| 24 | waived and null and void under Section 21-100 of the Property | ||||||
| 25 | Tax Code.
The tax bills of this property are hereby voided and | ||||||
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| 1 | liens for the taxes are
extinguished." | ||||||
| 2 | (Source: P.A. 86-949; 86-1158; 88-455.)
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| 3 | Section 99. Effective date. This Act takes effect upon | ||||||
| 4 | becoming law.
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