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If ultimately passed and signed by the governor, Cook would move to a new system where the county alone would acquire liens on overdue property taxes, charging taxpayers interest. If the taxes go unpaid after three years, the county would auction off the property deed to the highest bidder and the original homeowner can petition to get the post-debt profits.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
The original homeowner gets to petition for post-debt profits?? So the county gets to find ways to deny petitioners aka former homeowners and steal the money for its purposes? How about just cutting the former owner a check? Why the petition BS?