92nd General Assembly
Status of HB0742
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MAUTINO.

   35 ILCS 200/21-355                                                          
   35 ILCS 200/22-15                                                           
   35 ILCS 200/22-25                                                           
   35 ILCS 200/22-40                                                           
   35 ILCS 200/22-50                                                           

        Amends the Property Tax Code.  In  provisions  requiring  that  a      
   person desiring to redeem property sold at a tax sale shall deposit an      
   amount  with  the  county clerk to cover certain expenses, includes in      
   the expenses to be covered all sums paid to identify and locate owners      
   and interested parties to the subject real estate and costs for  title      
   search.  Provides  that  the purchaser of property at a tax sale shall      
   deliver the required notice to the sheriff for service. Provides  that      
   actual notice satisfies the service requirement. Provides that service      
   upon  a  party shall satisfy service as to all interests of that party      
   in the property.  Provides that the tax  deed  order  is  prima  facie      
   evidence  of  compliance  with  applicable  law.  Provides that if the      
   court refuses to issue a tax deed order,  then  it  shall  return  the      
   purchase  price,  costs,  and other taxes if the purchaser made a bona      
   fide attempt  to  comply  with  statutory  requirements.  Makes  other      
   changes.                                                                    
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that to redeem property a person must  repay  reasonable      
   costs for title search (rather than all sums paid by the tax purchaser      
   to  identify  and  locate owners and interested parties to the subject      
   real estate and costs for title  search).   Provides  that  the  court      
   shall  consider  actual  notice  provided  to  interested  parties  in      
   determining  if  the  tax  purchaser  has  complied  with  the  notice      
   requirements.   In  provisions requiring the court to insist on strict      
   compliance with notice provisions when ordering the issuance of a  tax      
   deed,  provides  that the court shall consider only noncompliance that      
   has or may have had a material effect upon the right of redemption  of      
   any interested party.                                                       
          FISCAL NOTE (Department of Revenue)                                  
          HB 742 is a matter of local jurisdiction and has no fiscal           
          impact on the Department of Revenue or the State.                    
   FEB-07-2001  H  FILED WITH CLERK                                               
   FEB-07-2001  H  FIRST READING                                                  
   FEB-07-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-08-2001  H                             AMENDMENT NO. 01-REVENUE       H    
   MAR-08-2001  H                                   ADOPTED 003-000-000/SUB       
   MAR-08-2001  H       REMAINS IN COMMITTEE                REVENUE               
   MAR-14-2001  H                         FISCAL NOTE FILED                       
   MAR-14-2001  H                   COMMITTEE               REVENUE               
   MAR-16-2001  H  DO PASS AMENDED/SHORT DEBATE             011-000-000   HREV    
   MAR-16-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   APR-04-2001  H  SECOND READING-SHORT DEBATE                                    
   APR-04-2001  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   APR-06-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



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