Illinois 2025-2026 Regular Session

Illinois Senate Bill SB1207 Compare Versions

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

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1	1	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1207 Introduced 1/24/2025, by Sen. Steve McClure SYNOPSIS AS INTRODUCED: 35 ILCS 200/21-27 Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with the county treasurer for a waiver of those amounts and is granted that waiver. Provides that the waiver shall apply beginning on the date of the decedent's death until the earlier of either: (i) the date on which the property is sold, transferred, or conveyed or (ii) the date on which the estate is closed. LRB104 03818 HLH 13842 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1207 Introduced 1/24/2025, by Sen. Steve McClure SYNOPSIS AS INTRODUCED: 35 ILCS 200/21-27 35 ILCS 200/21-27 Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with the county treasurer for a waiver of those amounts and is granted that waiver. Provides that the waiver shall apply beginning on the date of the decedent's death until the earlier of either: (i) the date on which the property is sold, transferred, or conveyed or (ii) the date on which the estate is closed. LRB104 03818 HLH 13842 b LRB104 03818 HLH 13842 b A BILL FOR
2	2	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1207 Introduced 1/24/2025, by Sen. Steve McClure SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/21-27 35 ILCS 200/21-27
4	4	35 ILCS 200/21-27
5	5	Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with the county treasurer for a waiver of those amounts and is granted that waiver. Provides that the waiver shall apply beginning on the date of the decedent's death until the earlier of either: (i) the date on which the property is sold, transferred, or conveyed or (ii) the date on which the estate is closed.
6	6	LRB104 03818 HLH 13842 b LRB104 03818 HLH 13842 b
7	7	LRB104 03818 HLH 13842 b
8	8	A BILL FOR
9	9	SB1207LRB104 03818 HLH 13842 b SB1207 LRB104 03818 HLH 13842 b
10	10	SB1207 LRB104 03818 HLH 13842 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 21-27 as follows:
16	16	6 (35 ILCS 200/21-27)
17	17	7 Sec. 21-27. Waiver of interest penalty.
18	18	8 (a) On the recommendation of the county treasurer, the
19	19	9 county board may adopt a resolution under which an interest
20	20	10 penalty for the delinquent payment of taxes for any year that
21	21	11 otherwise would be imposed under Section 21-15, 21-20, or
22	22	12 21-25 shall be waived in the case of any person who meets all
23	23	13 of the following criteria:
24	24	14 (1) The person is determined eligible for a grant
25	25	15 under the Senior Citizens and Persons with Disabilities
26	26	16 Property Tax Relief Act with respect to the taxes for that
27	27	17 year.
28	28	18 (2) The person requests, in writing, on a form
29	29	19 approved by the county treasurer, a waiver of the interest
30	30	20 penalty, and the request is filed with the county
31	31	21 treasurer on or before the first day of the month that an
32	32	22 installment of taxes is due.
33	33	23 (3) The person pays the installment of taxes due, in
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37	37	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1207 Introduced 1/24/2025, by Sen. Steve McClure SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 200/21-27 35 ILCS 200/21-27
39	39	35 ILCS 200/21-27
40	40	Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with the county treasurer for a waiver of those amounts and is granted that waiver. Provides that the waiver shall apply beginning on the date of the decedent's death until the earlier of either: (i) the date on which the property is sold, transferred, or conveyed or (ii) the date on which the estate is closed.
41	41	LRB104 03818 HLH 13842 b LRB104 03818 HLH 13842 b
42	42	LRB104 03818 HLH 13842 b
43	43	A BILL FOR
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49	49	35 ILCS 200/21-27
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68	68	1 full, on or before the third day of the month that the
69	69	2 installment is due.
70	70	3 (4) The county treasurer approves the request for a
71	71	4 waiver.
72	72	5 (b) With respect to property that qualifies as a
73	73	6 brownfield site under Section 58.2 of the Environmental
74	74	7 Protection Act, the county board, upon the recommendation of
75	75	8 the county treasurer, may adopt a resolution to waive an
76	76	9 interest penalty for the delinquent payment of taxes for any
77	77	10 year that otherwise would be imposed under Section 21-15,
78	78	11 21-20, or 21-25 if all of the following criteria are met:
79	79	12 (1) the property has delinquent taxes and an
80	80	13 outstanding interest penalty and the amount of that
81	81	14 interest penalty is so large as to, possibly, result in
82	82	15 all of the taxes becoming uncollectible;
83	83	16 (2) the property is part of a redevelopment plan of a
84	84	17 unit of local government and that unit of local government
85	85	18 does not oppose the waiver of the interest penalty;
86	86	19 (3) the redevelopment of the property will benefit the
87	87	20 public interest by remediating the brownfield
88	88	21 contamination;
89	89	22 (4) the taxpayer delivers to the county treasurer (i)
90	90	23 a written request for a waiver of the interest penalty, on
91	91	24 a form approved by the county treasurer, and (ii) a copy of
92	92	25 the redevelopment plan for the property;
93	93	26 (5) the taxpayer pays, in full, the amount of up to the
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104	104	1 amount of the first 2 installments of taxes due, to be held
105	105	2 in escrow pending the approval of the waiver, and enters
106	106	3 into an agreement with the county treasurer setting forth
107	107	4 a schedule for the payment of any remaining taxes due; and
108	108	5 (6) the county treasurer approves the request for a
109	109	6 waiver.
110	110	7 (c) For the 2019 taxable year (payable in 2020) only, the
111	111	8 county board of a county with fewer than 3,000,000 inhabitants
112	112	9 may adopt an ordinance or resolution under which some or all of
113	113	10 the interest penalty for the delinquent payment of any
114	114	11 installment other than the final installment of taxes for the
115	115	12 2019 taxable year that otherwise would be imposed under
116	116	13 Section 21-15, 21-20, or 21-25 shall be waived for all
117	117	14 taxpayers in the county, for a period of (i) 120 days after the
118	118	15 effective date of this amendatory Act of the 101st General
119	119	16 Assembly or (ii) until the first day of the first month during
120	120	17 which there is no longer a statewide COVID-19 public health
121	121	18 emergency, as evidenced by an effective disaster declaration
122	122	19 of the Governor covering all counties in the State.
123	123	20 (d) No interest or penalties shall be imposed with respect
124	124	21 to property that is included in a decedent's probate estate at
125	125	22 the time of a delinquency if the representative of the
126	126	23 decedent's estate applies with the county treasurer for a
127	127	24 waiver of those amounts and is granted that waiver. A waiver
128	128	25 under this subsection shall apply beginning on the date of the
129	129	26 decedent's death until the earlier of either (i) the date on
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