Illinois General Assembly - Bill Status for HB3146

Synopsis As Introduced
Amends the Property Tax Code. Provides that, when the county, as trustee, files one petition for more than one delinquent tax lien or certificate, the county may request that the court issue a tax deed to the county, as trustee, without holding a judicial tax deed auction. Provides that the county shall offer the parcel for sale at a public auction within 120 days of recording the tax deed. Sets forth requirements for the county auction. Provides that any owner of property sold under any provision of the Code who sustains loss or damage by reason of the issuance of a tax deed shall have the right to recover surplus equity that was lost in the property through an award of indemnity. Amends the Mortgage Rescue Fraud Act. Provides that a distressed property conveyance contract must contain a statement that the property owner may have the right to obtain money for any equity lost if a tax deed is issued. Effective immediately.

Actions

Date	Chamber	Action
2/6/2025	House	Filed with the Clerk by Rep. Will Guzzardi
2/18/2025	House	First Reading
2/18/2025	House	Referred to Rules Committee
2/26/2025	House	Added Chief Co-Sponsor Rep. Rita Mayfield
2/28/2025	House	Added Co-Sponsor Rep. Kelly M. Cassidy
2/28/2025	House	Removed Co-Sponsor Rep. Kelly M. Cassidy
3/3/2025	House	Added Chief Co-Sponsor Rep. Kelly M. Cassidy
3/4/2025	House	Assigned to Revenue & Finance Committee
3/6/2025	House	To Tax Policy: Other Taxes Subcommittee
3/11/2025	House	Added Co-Sponsor Rep. Laura Faver Dias
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee
4/21/2025	House	Added Co-Sponsor Rep. Stephanie A. Kifowit

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