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  | |  |  | SB2559 Enrolled |  | LRB096 17088 HLH 32410 b | 
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| 1 |  |     AN ACT concerning revenue.
  
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| 2 |  |     Be it enacted by the People of the State of Illinois,
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| 3 |  | represented in the General Assembly:
  
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| 4 |  |     Section 5. The Property Tax Code is amended  by changing  | 
| 5 |  | Section 21-150 as follows:
 
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| 6 |  |     (35 ILCS 200/21-150)
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| 7 |  |     Sec. 21-150. Time of applying for judgment. Except as  | 
| 8 |  | otherwise provided in
this Section or by ordinance or  | 
| 9 |  | resolution enacted under subsection (c) of
Section 21-40, all  | 
| 10 |  | applications for judgment and order of sale for taxes and
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| 11 |  | special assessments on delinquent properties shall be made  | 
| 12 |  | within 90 days after the second installment due date.  In Cook  | 
| 13 |  | County, all applications for judgment and order of sale for  | 
| 14 |  | taxes and special assessments on delinquent properties shall be  | 
| 15 |  | made (i) by July 1, 2011 for tax year 2009 and (ii)  within 90  | 
| 16 |  | days after the second installment due date for tax year 2010  | 
| 17 |  | and each tax year thereafter. In those counties which have  | 
| 18 |  | adopted an ordinance under Section
21-40, the application for  | 
| 19 |  | judgment and order of sale for delinquent taxes
shall be made  | 
| 20 |  | in December.  In the 10 years next following the completion of
a  | 
| 21 |  | general reassessment of property in any county with 3,000,000  | 
| 22 |  | or more
inhabitants, made under an order of the Department,  | 
| 23 |  | applications for judgment
and order of sale shall be made as  | 
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| |  |  | SB2559 Enrolled | - 2 - | LRB096 17088 HLH 32410 b | 
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| 1 |  | soon as may be and on the day specified in
the advertisement  | 
| 2 |  | required by Section 21-110 and 21-115. If for any cause the
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| 3 |  | court is not held on the day specified, the cause shall stand  | 
| 4 |  | continued, and it
shall be unnecessary to re-advertise the list  | 
| 5 |  | or notice.
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| 6 |  |     Within 30 days after the day specified for the application  | 
| 7 |  | for judgment the
court shall hear and determine the matter.  If  | 
| 8 |  | judgment is rendered, the sale
shall begin on the date within 5  | 
| 9 |  | business days specified in the notice as
provided in Section  | 
| 10 |  | 21-115.  If the collector is prevented from advertising and
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| 11 |  | obtaining judgment within 90 days after the second installment  | 
| 12 |  | due date, the collector may obtain
judgment at any time  | 
| 13 |  | thereafter; but if the failure arises by the county
collector's  | 
| 14 |  | not complying with any of the requirements of this Code, he or  | 
| 15 |  | she
shall be held on his or her official bond for the full  | 
| 16 |  | amount of all taxes and
special assessments charged against him  | 
| 17 |  | or her.  In Cook County, if the collector is prevented from  | 
| 18 |  | advertising and obtaining judgment by July 1, 2011 for tax year  | 
| 19 |  | 2009, or within 90 days after the second installment due date  | 
| 20 |  | for tax year 2010 and each tax year thereafter, the collector  | 
| 21 |  | may obtain judgment at any time thereafter, but if the failure  | 
| 22 |  | arises by the county
collector's not complying with any of the  | 
| 23 |  | requirements of this Code, then the county collector shall be  | 
| 24 |  | held on his or her official bond for the full amount of all  | 
| 25 |  | taxes and special assessments charged against him or her. Any  | 
| 26 |  | failure on the part of the
county collector shall not be  |