Illinois SB 3908: TAX DEED EQUITY
Status: Rule 3-9(a) / Re-referred to Assignments (as of 2026-05-22)
State: Illinois · Session: 104th · Bill: SB 3908
Sponsors: Celina Villanueva
Bill Text
• Illinois General Assembly - Full Text of SB3908 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of SB3908 • Home • Legislation • Full Text SB3908 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB3908 Introduced 2/6/2026, by Sen. Celina Villanueva SYNOPSIS AS INTRODUCED: 30 ILCS 105/5.1038 new 35 ILCS 200/21-90 35 ILCS 200/21-215 35 ILCS 200/21-295 35 ILCS 200/21-305 35 ILCS 200/21-355 35 ILCS 200/22-40 35 ILCS 200/22-55 35 ILCS 200/22-60 35 ILCS 200/22-65 35 ILCS 200/22-80 35 ILCS 200/22-100 new 35 ILCS 200/22-101 new 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. LRB104 19458 HLH 32906 b A BILL FOR SB3908LRB104 19458 HLH 32906 b 1 AN ACT concerning revenue. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The State Finance Act is amended by adding 5Section 5.1038 as follows: 6 (30 ILCS 105/5.1038 new) 7 Sec. 5.1038. The Tax Deed Equity Fund. 8 Section 10. The Property Tax Code is amended by changing 9Sections 21-90, 21-215, 21-295, 21-305, 21-355, 22-40, 22-55, 1022-60, 22-65, and 22-80 and by adding Sections 22-100 and 1122-101 as follows: 12 (35 ILCS 200/21-90) 13 Sec. 21-90. Purchase and sale by county; distribution of 14proceeds. 15 (a) When any property is offered for sale under any of the 16provisions of this Code, the county board of the county in 17which the propert
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