For those wondering what the deal is w/ the Cook County tax issues and due dates ... FYI
Dear IRELA Member: FYI,we've just learned that the Illinois Senate voted 55-1 on Friday to override the Governor's amendatory veto on the 7% tax cap bill (HB 664). (The House previously voted to reject the Governor's amendatory veto on October 2nd.)
This means there will be a new tax cap law as described by John Norris at the September IRELA meeting, and second installment 2006 tax bills will now be prepared and sent out for Cook County. The due date they are shooting for is December 1st. We will be posting more information on the association web site as it becomes available.
Very truly yours,
Ralph J. Schumann
Attorney at Law
President, Illinois Real Estate Lawyers Association (IRELA)