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HB3146 - 104th General Assembly
PROP TX-SURPLUS SALE
House Sponsors
Rep. Will Guzzardi - Rita Mayfield - Kelly M. Cassidy, Laura Faver Dias, Stephanie A. Kifowit and Dagmara Avelar
Statutes Amended In Order of Appearance
35 ILCS 200/21-302 new
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 |
|---|---|---|
| 02/06/2025 | House | Filed with the Clerk by Rep. Will Guzzardi |
| 02/18/2025 | House | First Reading |
| 02/18/2025 | House | Referred to Rules Committee |
| 02/26/2025 | House | Added Chief Co-Sponsor Rep. Rita Mayfield |
| 02/28/2025 | House | Added Co-Sponsor Rep. Kelly M. Cassidy |
| 02/28/2025 | House | Removed Co-Sponsor Rep. Kelly M. Cassidy |
| 03/03/2025 | House | Added Chief Co-Sponsor Rep. Kelly M. Cassidy |
| 03/04/2025 | House | Assigned to Revenue & Finance Committee |
| 03/06/2025 | House | To Tax Policy: Other Taxes Subcommittee |
| 03/11/2025 | House | Added Co-Sponsor Rep. Laura Faver Dias |
| 03/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
| 04/21/2025 | House | Added Co-Sponsor Rep. Stephanie A. Kifowit |
| 05/09/2025 | House | Added Co-Sponsor Rep. Dagmara Avelar |