File #: 21-0489    Version: 1 Name: EXTENDING REDUCED TRANSFER ON DEATH INSTRUMENTS FEES
Type: Ordinance Amendment Status: Approved
File created: 12/9/2020 In control: Board of Commissioners
On agenda: 12/17/2020 Final action: 12/17/2020
Title: PROPOSED ORDINANCE AMENDMENT EXTENDING REDUCED TRANSFER ON DEATH INSTRUMENTS FEES BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 2, Article III, OFFICERS AND EMPLOYEES, DIVISION 3. - RECORDER OF DEEDS, Subdivision II. - Fees, Sec. 2-210.1. - Emergency waiver of nonrequired fees for Transfer on Death Instruments, of the Cook County Code is hereby amended as Follows: Sec. 2-210.1. - Emergency waiver of nonrequired fees for Transfer on Death Instruments. (a) As a result of Cook County's Proclamation of Disaster, the fees for recording Transfer on Death Instruments for the period from May 21, 2020, through December 31, 2020 June 30, 2021, shall be as follows: (1) For this period, the total fee to be charged for the recording of Transfer on Death Instruments shall be $39.00 to the County plus $9.00 for the Rental Housing Support Program State surcharge imposed by 55 ILCS 5/4-12002.1(c)(5). (2) This fee shall be the same for electronic recording of Transfer...
Sponsors: LARRY SUFFREDIN, FRANK J. AGUILAR, ALMA E. ANAYA, LUIS ARROYO JR, SCOTT R. BRITTON, JOHN P. DALEY, DENNIS DEER, BRIDGET DEGNEN, BRIDGET GAINER, BRANDON JOHNSON, BILL LOWRY, DONNA MILLER, STANLEY MOORE, KEVIN B. MORRISON, SEAN M. MORRISON, PETER N. SILVESTRI, DEBORAH SIMS

title

PROPOSED ORDINANCE AMENDMENT

 

EXTENDING REDUCED TRANSFER ON DEATH INSTRUMENTS FEES

 

BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 2, Article III, OFFICERS AND EMPLOYEES, DIVISION 3. - RECORDER OF DEEDS, Subdivision II. - Fees, Sec. 2-210.1. - Emergency waiver of nonrequired fees for Transfer on Death Instruments, of the Cook County Code is hereby amended as Follows:

 

Sec. 2-210.1. - Emergency waiver of nonrequired fees for Transfer on Death Instruments.

 

(a) As a result of Cook County's Proclamation of Disaster, the fees for recording Transfer on Death Instruments for the period from May 21, 2020, through December 31, 2020 June 30, 2021, shall be as follows:

 

(1)                     For this period, the total fee to be charged for the recording of Transfer on Death Instruments shall be $39.00 to the County plus $9.00 for the Rental Housing Support Program State surcharge imposed by 55 ILCS 5/4-12002.1(c)(5).

 

(2)                     This fee shall be the same for electronic recording of Transfer on Death Instruments.

 

(3)                     If the Rental Housing Support Program State surcharge is amended and the surcharge is increased or lowered, the aggregate amount of the document flat fee attributable to the surcharge in the document may be changed accordingly.

 

(b) The Cook County Recorder of Deeds shall not collect any additional fees beyond those imposed by [subsection] 2-210.1(a) in regard to Transfer on Death Instruments.

 

(c) The predictable fees charged pursuant to this ordinance as set out in Section 32-1 shall be reimposed on January 1, 2021 July 1, 2021.

 

Effective date:  This ordinance shall be in effect immediately.

end