Illinois – Amended Lien Provisions During a Repayment Plan

SALT Report 2875 – The Illinois General Assembly made amendments to the time period in which the Illinois Department of Revenue can file a notice of lien against a taxpayer who refuses or neglects to pay corporate income tax, personal income tax, or sales tax.

The amendments reflect that the time limitation period will not run during the term of a repayment plan between the taxpayer and the Department, so long as the taxpayer remains in compliance with the terms of the repayment plan.

These provisions were effective August 16, 2013.

For Further Information

Illinois General Assembly – P.A. 98-0446, Laws 2013