SB3940 - 104th General Assembly (2025-2026)

PROP TX-TAX SALE
Last Action
2/24/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Celina Villanueva
Statutes Amended In Order of Appearance
35 ILCS 200/1-21 new  
35 ILCS 200/1-22 new  
35 ILCS 200/21-90  
35 ILCS 200/21-110  
35 ILCS 200/21-115  
35 ILCS 200/21-160  
35 ILCS 200/21-190  
35 ILCS 200/21-205  
35 ILCS 200/21-215  
35 ILCS 200/21-225  
35 ILCS 200/21-302 new  
35 ILCS 200/21-305  
35 ILCS 200/21-350  
35 ILCS 200/22-5  
35 ILCS 200/22-10  
35 ILCS 200/22-40  
35 ILCS 200/22-42 new  
35 ILCS 200/22-65  
765 ILCS 940/5  
765 ILCS 940/30  
Synopsis As Introduced
Amends the Property Tax Code. Provides that a county, as trustee, may elect to acquire or sell tax delinquent property. Provides that the owner of property who sustains loss or damage by reason of the issuance of a deed at a tax deed auction shall have the right to recover surplus equity which was lost in the property through an award of indemnity. Provides that, in counties with 3,000,000 or more inhabitants, the period of redemption is 3 years from the date of sale.
Actions
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Celina Villanueva
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments
2/24/2026SenateAssigned to Revenue