Bill Sponsors: IL HB4573 | 2023-2024 | 103rd General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2024-04-26 - Added Chief Co-Sponsor Rep. Kevin Schmidt [HB4573 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Amy Elik [R]PrimarySponsored BillsHD-111FollowTheMoneyBallotpediaVoteSmart
Representative Kevin Schmidt [R]CosponsorSponsored BillsHD-114FollowTheMoneyBallotpediaN/A

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