State of Illinois
91st General Assembly
Legislation

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91_SB0253

 
                                               LRB9102940PTpk

 1        AN ACT to amend the Property Tax Code by changing Section
 2    21-45.

 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:

 5        Section  5.  The Property Tax Code is amended by changing
 6    Section 21-45 as follows:

 7        (35 ILCS 200/21-45)
 8        Sec. 21-45.  Failure to issue tax bill in prior year.  In
 9    the  event  no  tax  bill  was  issued as provided in Section
10    21-30, on any property in any previous year for  any  reason,
11    one  tax  bill  shall be prepared and mailed by July 1 of the
12    year subsequent to the year in which no tax bill was  issued,
13    and  taxes  on  that  property  for that year only shall bear
14    interest after the first day of August of that  year  at  the
15    rate  of  1  1/2%  per  month or portion of the month thereof
16    until paid or forfeited.
17    (Source: P.A. 87-17; 88-455.)

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