SB 3908 Illinois Senate · 104th Regular Session

TAX DEED EQUITY

Summary
Amends the Property Tax Code. Establishes the State Tax Deed Equity Fund. Provides that moneys in the Tax Deed Equity Fund shall be expended exclusively for the purpose of paying the amount ordered for equity surplus payments to Illinois property owners who have lost their property by a recorded tax deed. Contains provisions concerning applications for payment from the Tax Deed Equity Fund. Makes changes to the amount of the indemnity fund fee. Makes changes concerning required notices by the tax deed grantee to the owner of the property.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2026 Last action May 22, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
0
Committee
4
May 22, 2026
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 13, 2026
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 24, 2026
Feb 24, 2026
Senate · Referred to committee
Assigned to Revenue
Feb 6, 2026
Senate · Referred to committee
Referred to Assignments
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Celina Villanueva
Celina Villanueva
DDemocratic
IL
12