Illinois 2023-2024 Regular Session

Illinois House Bill HB2166 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2166 Introduced , by Rep. Margaret Croke SYNOPSIS AS INTRODUCED: 35 ILCS 200/22-5 Amends the Property Tax Code. Makes changes concerning the notice of tax sale and redemption rights. Provides that the specific redemption amount need not be included in the notice. Provides that the notice shall contain certain information concerning subsequent taxes. LRB103 24978 HLH 51312 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2166 Introduced , by Rep. Margaret Croke SYNOPSIS AS INTRODUCED: 35 ILCS 200/22-5 35 ILCS 200/22-5 Amends the Property Tax Code. Makes changes concerning the notice of tax sale and redemption rights. Provides that the specific redemption amount need not be included in the notice. Provides that the notice shall contain certain information concerning subsequent taxes. LRB103 24978 HLH 51312 b LRB103 24978 HLH 51312 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2166 Introduced , by Rep. Margaret Croke SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/22-5 35 ILCS 200/22-5
4	4	35 ILCS 200/22-5
5	5	Amends the Property Tax Code. Makes changes concerning the notice of tax sale and redemption rights. Provides that the specific redemption amount need not be included in the notice. Provides that the notice shall contain certain information concerning subsequent taxes.
6	6	LRB103 24978 HLH 51312 b LRB103 24978 HLH 51312 b
7	7	LRB103 24978 HLH 51312 b
8	8	A BILL FOR
9	9	HB2166LRB103 24978 HLH 51312 b HB2166 LRB103 24978 HLH 51312 b
10	10	HB2166 LRB103 24978 HLH 51312 b
11	11	1 AN ACT concerning revenue.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Property Tax Code is amended by changing
15	15	5 Section 22-5 as follows:
16	16	6 (35 ILCS 200/22-5)
17	17	7 Sec. 22-5. Notice of sale and redemption rights. In order
18	18	8 to be entitled to a tax deed, within 4 months and 15 days after
19	19	9 any sale held under this Code, the purchaser or his or her
20	20	10 assignee shall deliver to the county clerk a notice to be given
21	21	11 to the party in whose name the taxes are last assessed as shown
22	22	12 by the most recent tax collector's warrant books, in at least
23	23	13 10 point type in the following form completely filled in:
24	24	14 TAKE NOTICE
25	25	15 County of ...............................................
26	26	16 Date Premises Sold ......................................
27	27	17 Certificate No. .........................................
28	28	18 Sold for General Taxes of (year) ........................
29	29	19 Sold for Special Assessment of (Municipality)
30	30	20 and special assessment number ...........................
31	31	21 Warrant No. ............... Inst. No. .................
32	32	22 THIS PROPERTY HAS BEEN SOLD FOR
33	33	23 DELINQUENT TAXES
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2166 Introduced , by Rep. Margaret Croke SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 200/22-5 35 ILCS 200/22-5
39	39	35 ILCS 200/22-5
40	40	Amends the Property Tax Code. Makes changes concerning the notice of tax sale and redemption rights. Provides that the specific redemption amount need not be included in the notice. Provides that the notice shall contain certain information concerning subsequent taxes.
41	41	LRB103 24978 HLH 51312 b LRB103 24978 HLH 51312 b
42	42	LRB103 24978 HLH 51312 b
43	43	A BILL FOR
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49	49	35 ILCS 200/22-5
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53	53	LRB103 24978 HLH 51312 b
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66	66	HB2166- 2 -LRB103 24978 HLH 51312 b HB2166 - 2 - LRB103 24978 HLH 51312 b
67	67	HB2166 - 2 - LRB103 24978 HLH 51312 b
68	68	1 Property located at .........................................
69	69	2 Legal Description or Property Index No. .....................
70	70	3 .............................................................
71	71	4 .............................................................
72	72	5 This notice is to advise you that the above property has
73	73	6 been sold for delinquent taxes and that the period of
74	74	7 redemption from the sale will expire on .....................
75	75	8 This notice is also to advise you that a petition will be
76	76	9 filed for a tax deed which will transfer title and the right to
77	77	10 possession of this property if redemption is not made on or
78	78	11 before ......................................................
79	79	12 At the date of this notice the total amount which you must
80	80	13 pay in order to redeem the above property is ................
81	81	14 YOU ARE URGED TO REDEEM IMMEDIATELY TO
82	82	15 PREVENT LOSS OF PROPERTY
83	83	16 Redemption can be made at any time on or before .... by
84	84	17 applying to the County Clerk of .... County, Illinois at the
85	85	18 Office of the County Clerk in ...., Illinois.
86	86	19 The above amount to redeem is subject to increase at 6
87	87	20 month intervals from the date of sale and may be further
88	88	21 increased if the purchaser at the tax sale, or purchaser's
89	89	22 assignee, pays any subsequently accruing taxes or special
90	90	23 assessments to redeem the property from subsequent forfeitures
91	91	24 or tax sales. Check with the county clerk as to the exact
92	92	25 amount you owe before redeeming. Payment must be made by
93	93	26 certified check, cashier's check, money order, or in cash.
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99	99	HB2166 - 2 - LRB103 24978 HLH 51312 b
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103	103	HB2166 - 3 - LRB103 24978 HLH 51312 b
104	104	1 For further information contact the County Clerk
105	105	2 ADDRESS:............................
106	106	3 TELEPHONE:..........................
107	107	4 ...............................
108	108	5 Purchaser or Assignee
109	109	6 Dated (insert date).
110	110	7 Within 10 days after receipt of said notice, the county
111	111	8 clerk shall mail to the addresses supplied by the purchaser or
112	112	9 assignee, by registered or certified mail, copies of said
113	113	10 notice to the party in whose name the taxes are last assessed
114	114	11 as shown by the most recent tax collector's warrant books.
115	115	12 With the exception of a county or taxing district acquiring
116	116	13 certificates pursuant to Section 21-90 and 21-260, all
117	117	14 purchasers or assignees shall pay to the clerk postage plus
118	118	15 the sum of $10. The clerk shall write or stamp the date of
119	119	16 receiving the notices upon the copies of the notices, and
120	120	17 retain one copy.
121	121	18 The changes to this Section made by this amendatory Act of
122	122	19 the 103rd 97th General Assembly apply only to tax sales that
123	123	20 occur on or after the effective date of this amendatory Act of
124	124	21 the 103rd 97th General Assembly.
125	125	22 (Source: P.A. 102-815, eff. 5-13-22.)
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131	131	HB2166 - 3 - LRB103 24978 HLH 51312 b
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133	133	...............................
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135	135	Purchaser or Assignee
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137	137	Dated (insert date).