SB3494 - 104th General Assembly (2025-2026)

PROP TX-FORCED SALE
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Willie Preston
Statutes Amended In Order of Appearance
35 ILCS 200/21-350  
35 ILCS 200/22-30  
Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning tax sales, provides that, for tax sales that occur on or after the effective date of the amendatory Act, the redemption period shall be 5 years (instead of 2.5 years). Provides that a tax deed grantee may file a petition in the circuit court of the county in which the property is located forcing a judicial sale of the property. Contains provisions concerning the distribution of surplus funds. Effective immediately.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Willie Preston
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments
2/17/2026SenateAssigned to Revenue
3/04/2026SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Willie Preston
3/04/2026SenateSenate Committee Amendment No. 1 Referred to Assignments
3/05/2026SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026