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Amends the Property Tax Code. Provides that, within 30 days after recording of a tax deed with respect to residential property, the tax deed grantee shall pay the surplus to the previous owner of the property described in the deed. Sets forth the procedures to calculate the surplus.
Introduced
Feb 10, 2026
Last Action
Feb 26, 2026
Session
IL 104th
Sponsors
1 primary · 0 co
To Property Tax Subcommittee
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Curtis J. Tarver, II
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
To Property Tax Subcommittee
Curtis J. Tarver, II