PROP TX-EQUITY Senate SponsorsSen. Celina Villanueva 2/24/2026SenateAssigned to Revenue 15 ILCS 520/7from Ch. 130, par. 2615 ILCS 520/22.5from Ch. 130, par. 41a35 ILCS 200/21-7535 ILCS 200/21-9035 ILCS 200/21-92 new35 ILCS 200/21-13535 ILCS 200/21-20035 ILCS 200/21-21035 ILCS 200/21-21535 ILCS 200/21-22035 ILCS 200/21-22535 ILCS 200/21-24035 ILCS 200/21-24535 ILCS 200/21-25135 ILCS 200/21-342 new35 ILCS 200/21-398 new55 ILCS 5/4-4001from Ch. 34, par. 4-4001765 ILCS 1026/15-407 new765 ILCS 1026/15-505 new765 ILCS 1026/15-705Amends the Deposit of State Moneys Act. Provides that the State Treasurer may accept a proposal or application from a financial institution for access to capital at a market rate that allows the Treasurer to provide funding to a county for relief of property tax payments. Amends the Property Tax Code. Provides that, for tax year 2027 and thereafter, the tax lien or certificate for all delinquent property subject to a tax sale shall be assigned to the county as trustee for all taxing districts having an interest in the property's taxes or special assessment for the nonpayment of which the property is sold. Provides that the county must attempt to sell the property acquired by tax deed at a public auction. Contains provisions concerning surplus funds. Contains provisions concerning notice. Contains other provisions. Amends the Counties Code and the Revised Uniform Unclaimed Property Act to make conforming changes. 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