# Illinois SB3940: PROP TX-TAX SALE

Illinois SB3940, PROP TX-TAX SALE, is a 104th General Assembly (2025–2026) Senate bill sponsored by Celina Villanueva (Democratic); status in committee, last action 2026-06-01 (Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB3940-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB3940
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PROP TX-TAX SALE
- Status: in committee
- Chamber: Senate
- Introduced: 2026-02-06
- Last action: 2026-06-01, Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
- Sponsor: Celina Villanueva (Democratic)
- Cosponsors: 1
- Subjects: assignments, revenue
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Celina Villanueva (Democratic), Senate
- Cosponsor: Graciela Guzmán (Democratic), Senate

## Actions (18)

- 2026-06-01: Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-06-01: Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-06-01: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-05-22: Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026 (Senate)
- 2026-05-20: Senate Committee Amendment No. 2 Assignments Refers to Revenue (Senate)
- 2026-05-20: Senate Committee Amendment No. 2 Referred to Assignments (Senate)
- 2026-05-20: Senate Committee Amendment No. 2 Filed with Secretary by Sen. Celina Villanueva (Senate)
- 2026-05-15: Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026 (Senate)
- 2026-05-06: Senate Committee Amendment No. 1 Assignments Refers to Revenue (Senate)
- 2026-05-05: Senate Committee Amendment No. 1 Referred to Assignments (Senate)
- 2026-05-05: Senate Committee Amendment No. 1 Filed with Secretary by Sen. Celina Villanueva (Senate)
- 2026-04-24: Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026 (Senate)
- 2026-04-14: Added as Co-Sponsor Sen. Graciela Guzmán (Senate)
- 2026-03-13: Rule 2-10 Committee Deadline Established As April 24, 2026 (Senate)
- 2026-02-24: Assigned to Revenue (Senate)
- 2026-02-06: Referred to Assignments (Senate)
- 2026-02-06: First Reading (Senate)
- 2026-02-06: Filed with Secretary by Sen. Celina Villanueva (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940.pdf)
- Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940sam001.pdf)
- Senate Amendment 2: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940sam002.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940.pdf)
- [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940sam001.pdf)
- [Senate Amendment 2 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3940sam002.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
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Source: PRIA, https://policyrisk.com/state-bill/IL-SB3940-2025-2026 (as of 2026-11-01).