IllinoisSB2029104th General Assembly (2025–2026)Senate

PROP TX-SURPLUS SALE

Sponsored By: Celina Villanueva (Democratic)

In Committee

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Celina Villanueva

    Democratic • Senate

Cosponsors

  • Graciela Guzmán

    Democratic • Senate

  • Willie Preston

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    6/2/2025Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

    5/23/2025Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

    5/9/2025Senate
  4. Rule 2-10 Committee Deadline Established As May 9, 2025

    4/11/2025Senate
  5. Rule 2-10 Committee Deadline Established As April 11, 2025

    3/21/2025Senate
  6. Added as Co-Sponsor Sen. Willie Preston

    3/14/2025Senate
  7. Added as Co-Sponsor Sen. Graciela Guzmán

    3/4/2025Senate
  8. Assigned to Revenue

    2/25/2025Senate
  9. Referred to Assignments

    2/6/2025Senate
  10. First Reading

    2/6/2025Senate
  11. Filed with Secretary by Sen. Celina Villanueva

    2/6/2025Senate

Bill Text

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