Illinois SB 3494: PROP TX-FORCED SALE
Status: Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments (as of 2026-05-22)
State: Illinois · Session: 104th · Bill: SB 3494
Sponsors: Willie Preston, Adriane Johnson, Chris Balkema, Donald P. DeWitte, Javier L. Cervantes, Jil Tracy, Li Arellano, Jr., Mark L. Walker, Patrick J. Joyce, Rachel Ventura
Bill Text
• Illinois General Assembly - Full Text of SB3494 • • • • • • • • • • • • 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 SB3494 • Home • Legislation • Full Text SB3494 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Senate Amendment 001 Printer Friendly Version Introduced Senate Amendment 001 Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB3494 Introduced 2/5/2026, by Sen. Willie Preston SYNOPSIS AS INTRODUCED: 35 ILCS 200/21-350 35 ILCS 200/22-30 Amends the Property Tax Code. In provisions concerning tax sales, provides that, for tax sales that occur on or after the effective date of the amendatory Act, the redemption period shall be 5 years (instead of 2.5 years). Provides that a tax deed grantee may file a petition in the circuit court of the county in which the property is located forcing a judicial sale of the property. Contains provisions concerning the distribution of surplus funds. Effective immediately. LRB104 20290 HLH 33741 b A BILL FOR SB3494LRB104 20290 HLH 33741 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 Property Tax Code is amended by changing 5Sections 21-350 and 22-30 as follows: 6 (35 ILCS 200/21-350) 7 Sec. 21-350. Period of redemption. 8 (a) Property sold under this Code may be redeemed at any 9time before the expiration of the redemption period 2.5 years 10from the date of sale, except that: 11 (1) (a) If on the date of sale the property is vacant 12 non-farm property or property containing an improvement 13 consisting of a structure or structures with 7 or more 14 residential units or that is commercial or industrial 15 property, it may be redeemed at any time before the 16 expiration of 1 year from the date of sale. 17 (2) (b) (Blank). 18 (3) (c) If the period of redemption has been extended 19 by the certificate holder as provided in Section 21-385 or 20 Section 22-5, the property may be redeemed o
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