SB3097: PROP TX-NOTICE OF REDEMPTION

Legislative Summary

Amends the Property Tax Code. In provisions concerning the scavenger sale, repeals provisions added by Public Act 102-528 that require the county clerk to mail notice of the expiration of the period of redemption within 30 days from the date of the filing of addresses with the clerk. Requires the purchaser of the certificate of purchase to prepare the notice of the expiration of the period of redemption and deliver it to the clerk of the Circuit Court not more than 6 months and not less than 111 days prior to the expiration of the period of redemption. Requires the clerk to mail the notices not less than 3 months prior to the expiration of the period of redemption. Effective immediately.