HB 4804

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Single Bidder

Abstract

Amends the Property Tax Code. Requires county collectors to adopt a single bidder rule sufficient to prohibit a tax purchaser from registering more than one related bidding entity. Provides that violation of a single bidder rule is a Class A misdemeanor for a first offense and a Class 4 felony for a second or subsequent offense. Provides that a second or subsequent offense shall operate as a bar to any future participation in tax sales within Illinois. Effective immediately.

Bill Sponsors (1)

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Jan 08, 2019

House

Session Sine Die

Feb 14, 2018

House

First Reading

House

Referred to Rules Committee

Feb 13, 2018

House

Filed with the Clerk by Rep. Joe Sosnowski

Bill Text

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