Bill > HB1878

This bill amends the Illinois Counties Code to require county recorders and registrars of titles to accept credit card payments for real estate transfer taxes. Specifically, the bill mandates that these county officials must now provide the option for taxpayers to pay the real estate transfer tax using a credit card. However, the bill also stipulates that any service charges or processing fees associated with the credit card transaction will be the responsibility of the taxpayer, not the county. This means that while taxpayers will now have the convenience of paying transfer taxes with a credit card, they will also need to cover any additional costs incurred by the county for processing the electronic payment. The bill applies to taxes imposed when transferring title to real estate or transferring a beneficial interest in a land trust, and it ensures that the credit card payment option is available regardless of the tax rate or specific type of real estate transfer.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1878&GAID=18&DocTypeID=HB&SessionID=114&GA=104