Illinois General Assembly - Bill Status for SB3396

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

Date	Chamber	Action
2/8/2024	Senate	Filed with Secretary by Sen. Celina Villanueva
2/8/2024	Senate	First Reading
2/8/2024	Senate	Referred to Assignments
2/20/2024	Senate	Assigned to Revenue
3/15/2024	Senate	Rule 3-9(a) / Re-referred to Assignments

×