House Sponsors: MOORE,ANDREA-PUGH-GILES-HARRIS. Senate Sponsors: PETERSON Short description: PROP TX-INDEMNITY FUND FRAUD Synopsis of Bill as introduced: Amends the Property Tax Code concerning the definition of 33 1/3%. Makes a technical change. SENATE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 200/1-55 Adds reference to: 35 ILCS 200/21-295 35 ILCS 200/21-305 35 ILCS 200/21-306 new 35 ILCS 200/21-345 35 ILCS 200/21-397 new 35 ILCS 200/22-40 Deletes everything. Provides that any owner of property who sustains loss or damage by reason of the issuance of certain tax deeds and who is barred or is in any way precluded from bringing an action for the recovery of the property shall have a limited right to indemnity for the loss or damage sustained. Provides that a contract involving the proceeds of a judgment for indemnity between the tax deed grantee or its successors in title and the indemnity petitioner or his or her successors shall be in writing. Provides that in actions for payment under the indemnity fund, the Collector shall be entitled to discovery of certain information. Provides that an indemnity fund award may not exceed $99,000. Creates the offense of indemnity fund fraud as a Class A misdemeanor for the commission of one act and as a Class 4 felony for the commission of more than one act or for subsequent convictions. Provides that after an order is entered setting aside a redemption, a person entitled to redeem may pay the clerk within 30 days (instead of 45) after the order. Provides that if taxes for years prior to the year sold remain delinquent at the time of the tax deed hearing, then the delinquent taxes may be merged into the tax deed upon certain court determinations. Makes other changes. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 91-0564 Last action date: 99-08-14 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status