Bill Status of HB 4794   103rd General Assembly


Short Description:  PROP TAX-EQUITY

House Sponsors
Rep. Kelly M. Burke

Last Action  View All Actions

DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/21-90
35 ILCS 200/21-295
35 ILCS 200/21-305
35 ILCS 200/21-306

Synopsis As Introduced
Amends the Property Tax Code. Provides that a property owner who sustains loss or damage by reason of the issuance of a tax deed is entitled to payment from the indemnity fund in the amount of the equity in the property described in the tax deed. Provides that a claim for equity must be filed within 90 days after the tax deed is recorded, except that, if the tax deed was issued on or after May 24, 2021 but before the effective date of the amendatory Act, then the petition for a claim for equity must be filed within 90 days after the effective date of the amendatory Act.

Actions 
DateChamber Action
  2/5/2024HouseFiled with the Clerk by Rep. Kelly M. Burke
  2/6/2024HouseFirst Reading
  2/6/2024HouseReferred to Rules Committee
  2/28/2024HouseAssigned to Revenue & Finance Committee
  3/8/2024HouseTo Revenue - Property Tax Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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