PROP TX-PENALTY BIDS-INTEREST House SponsorsRep. Ron Stephens 1/11/2011HouseSession Sine Die 35 ILCS 200/21-217 new Amends the Property Tax Code. Provides that no person who has successfully exercised a penalty bid may charge any amount in interest, penalties, and fees combined upon the delinquent property owner that exceeds 18% per annum. Effective immediately. 10/29/2010HouseFiled with the Clerk by Rep. Ron Stephens 11/10/2010HouseFirst Reading 11/10/2010HouseReferred to Rules Committee 1/11/2011HouseSession Sine Die