Illinois Statutes
§ 45 — Interest
Illinois·Topic GOVERNMENT·Ch. 50 LOCAL GOVERNMENT·Act 50 ILCS 45/ Local Government Taxpayers' Bill of Rights Act.
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.
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Legislative History
(Source: P.A. 91-920, eff. 1-1-01.)