HB 5747

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Tax Sale

Abstract

Amends the Property Tax Code. Provides that, for the purposes of the single bidder rule, certain entities that share information, office space, or bidding strategy related to any parcel offered at a tax sale with any other registered individual are considered a related bidding entity. Provides that a registered participant that incurs damages as as a result of a violation of the single bidder rule may bring suit in the circuit court and may recover treble damages and reasonable attorney's fees.

Bill Sponsors (1)

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Nov 16, 2022

House

First Reading

House

Referred to Rules Committee

Apr 08, 2022

House

Filed with the Clerk by Rep. Michael J. Zalewski

Bill Text

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