SB3908 - 104th General Assembly (2025-2026)

TAX DEED EQUITY
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Celina Villanueva
Statutes Amended In Order of Appearance
30 ILCS 105/5.1038 new  
35 ILCS 200/21-90  
35 ILCS 200/21-215  
35 ILCS 200/21-295  
35 ILCS 200/21-305  
35 ILCS 200/21-355  
35 ILCS 200/22-40  
35 ILCS 200/22-55  
35 ILCS 200/22-60  
35 ILCS 200/22-65  
35 ILCS 200/22-80  
35 ILCS 200/22-100 new  
35 ILCS 200/22-101 new  
Synopsis As Introduced
Amends the Property Tax Code. Establishes the State Tax Deed Equity Fund. Provides that moneys in the Tax Deed Equity Fund shall be expended exclusively for the purpose of paying the amount ordered for equity surplus payments to Illinois property owners who have lost their property by a recorded tax deed. Contains provisions concerning applications for payment from the Tax Deed Equity Fund. Makes changes to the amount of the indemnity fund fee. Makes changes concerning required notices by the tax deed grantee to the owner of the property.
Actions
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Celina Villanueva
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments