HB3146 - 104th General Assembly

PROP TX-SURPLUS SALE
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 200/21-90
35 ILCS 200/21-302 new
35 ILCS 200/22-10
35 ILCS 200/22-40
35 ILCS 200/22-65
765 ILCS 940/5
765 ILCS 940/30
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
2/06/2025 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
3/03/2025 House Added Chief Co-Sponsor Rep. Kelly M. Cassidy
3/04/2025 House Assigned to Revenue & Finance Committee
3/06/2025 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
5/09/2025 House Added Co-Sponsor Rep. Dagmara Avelar