HB5075 - 104th General Assembly

PROPERTY TX-SURPLUS
Last Action
2/26/2026 - House: To Property Tax Subcommittee
House Sponsors
Rep. Curtis J. Tarver, II
Hearings
Revenue & Finance Committee Hearing Mar 19 2026 8:00AM Stratton Building Room D-1 Springfield, IL
Property Tax Subcommittee Hearing Mar 19 2026 8:02AM Stratton Building Room D-1 Springfield, IL
Statutes Amended In Order of Appearance
35 ILCS 200/22-77 new
Synopsis As Introduced
Amends the Property Tax Code. Provides that, within 30 days after recording of a tax deed with respect to residential property, the tax deed grantee shall pay the surplus to the previous owner of the property described in the deed. Sets forth the procedures to calculate the surplus.
Actions
Date Chamber Action
2/04/2026 House Filed with the Clerk by Rep. Curtis J. Tarver, II
2/10/2026 House First Reading
2/10/2026 House Referred to Rules Committee
2/24/2026 House Assigned to Revenue & Finance Committee
2/26/2026 House To Property Tax Subcommittee