· IL legislature · 104th

PROPERTY TX-SURPLUS

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.

Sponsor

Curtis Tarver (D-IL)

Introduced

2026-02-04

Policy area

Taxation

Latest action

Rule 19(a) / Re-referred to Rules Committee