PROP TX-TAX SALES-BIDS Senate SponsorsSen. Thomas Johnson 1/8/2013SenateSession Sine Die 35 ILCS 200/21-215Amends the Property Tax Code. In a Section concerning penalty bids at the annual tax sale, provides that no bid shall be accepted for a penalty exceeding 9% (instead of 18%) of the amount of the tax or special assessment on property. Effective immediately. 2/1/2012SenateFiled with Secretary by Sen. Thomas Johnson 2/1/2012SenateFirst Reading 2/1/2012SenateReferred to Assignments 2/7/2012SenateAssigned to Revenue 2/24/2012SenateTo Revenue Subcommittee on Special Issues 3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012 3/30/2012SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die