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Public Act 100-0314 |
SB1795 Enrolled | LRB100 05858 HLH 21599 b |
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AN ACT concerning revenue.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Property Tax Code is amended by changing |
Section 21-95 as follows: |
(35 ILCS 200/21-95) |
Sec. 21-95. Tax abatement after acquisition by a |
governmental unit. When
any county, municipality, school |
district, or park district acquires property through the |
foreclosure of a
lien, through
a
judicial deed, through the
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foreclosure of receivership
certificate lien, or by acceptance |
of a deed of conveyance in lieu of
foreclosing any lien against |
the
property, or when a government unit acquires property under |
the Abandoned
Housing Rehabilitation Act or a blight reduction |
or abandoned property program administered by the Illinois |
Housing Development Authority , or when any county or other |
taxing district
acquires a deed for property under Section |
21-90 or Sections 21-145 and 21-260,
or when any county, |
municipality, school district, or park district acquires title |
to property that was to be transferred to that county, |
municipality, school district, or park district under the terms |
of an annexation agreement, development agreement, donation |
agreement, plat of subdivision, or zoning ordinance by an |