HB 6999

Abstract

Amends the Property Tax Code. Provides that the penalty that must be paid to redeem property sold at a tax sale includes (i) a fee of $75 in all counties other than Cook County (now, $35 in all counties) if a petition for tax deed has been filed; (ii) a fee of $10 in all counties other than Cook County (now, $4 in all counties) if a notice of sale and redemption rights has been filed; and (iii) in all counties except Cook County, up to $75 paid for costs of title search and to identify and locate owners and interested parties to the subject real estate, but only if a copy of the results of the title search is provided upon request. Provides that the notice of expiration of the period of redemption that is required to be given by the purchaser or his or her assignee for property that is sold at a tax sale may be given, in any county except Cook County, by causing the notice to be served by a process server (now, only a sheriff may serve notice in all counties).