SB 1365 Illinois Senate · 99th Regular Session

PROP TX-SALES IN ERROR

Summary
Amends the Property Tax Code. In provisions concerning sales in error, provides that the court may declare a sale in error only prior to the application for a tax deed. In cases where a sale in error is ordered because a bankruptcy petition has been filed, provides that those provisions apply only if the petition is active at the time of sale. Provides that, in cases where improvements upon the property sold have been substantially destroyed or rendered uninhabitable or otherwise unfit for occupancy, the court may order assignment of the certificate of purchase to the delinquent county tax agent instead of declaring a sale in error. Provides that the fee for the issuance of a certificate of purchase shall be up to $100 (currently, $60). Provides that interest on the refund of the amount paid for a certificate of purchase shall be the lesser of 1% per month or the percentage increase in the Consumer Price Index (currently, 1% per month).
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2015 Last action Jan 10, 2017
Floor votes

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Full legislative history

Actions timeline

Total actions
20
Key actions
0
Committee
8
Amendments
1
Jan 10, 2017
Senate · Failed
Session Sine Die
Oct 10, 2015
Senate · Referred to committee
Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Oct 10, 2015
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Apr 30, 2015
Senate · Reported by committee
Senate Committee Amendment No. 1 Postponed - Revenue
Apr 21, 2015
Senate · Reported by committee
Senate Committee Amendment No. 1 Assignments Refers to Revenue
Apr 17, 2015
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Assignments
Apr 17, 2015
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Pat McGuire
Mar 27, 2015
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 24, 2015
Feb 25, 2015
Senate · Referred to committee
Assigned to Revenue
Feb 18, 2015
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Pat McGuire
Pat McGuire
DDemocratic
IL
43