Illinois Compiled Statutes 50 ILCS 45 Local Government Taxpayers' Bill of Rights Act. Section 45

    (50 ILCS 45/45)

    Sec. 45. Interest. Units of local government must provide, by ordinance, for the amount of interest, if any, to be assessed on a late payment, underpayment, or nonpayment of tax.

(Source: P.A. 91-920, eff. 1-1-01.)

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Last modified: February 18, 2015