TAX DEED EQUITY Senate SponsorsSen. Celina Villanueva 2/24/2026SenateAssigned to Revenue 30 ILCS 105/5.1038 new35 ILCS 200/21-9035 ILCS 200/21-21535 ILCS 200/21-29535 ILCS 200/21-30535 ILCS 200/21-35535 ILCS 200/22-4035 ILCS 200/22-5535 ILCS 200/22-6035 ILCS 200/22-6535 ILCS 200/22-8035 ILCS 200/22-100 new35 ILCS 200/22-101 newAmends 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. 2/6/2026SenateFiled with Secretary by Sen. Celina Villanueva 2/6/2026SenateFirst Reading 2/6/2026SenateReferred to Assignments 2/24/2026SenateAssigned to Revenue 3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026