SB3940 — PROP TX-TAX SALE
Last action — Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill allows counties to manage tax delinquent property sales and provides owners with rights to recover losses.
This bill amends the Property Tax Code to let counties acquire or sell tax delinquent properties. It also allows property owners to recover surplus equity lost at tax deed auctions and extends the redemption period to three years in large counties.
What this means for you
- Families: This bill may provide families with greater protection and rights to recover losses from tax deed sales.
Summary
Amends the Property Tax Code. Provides that a county, as trustee, may elect to acquire or sell tax delinquent property. Provides that the owner of property who sustains loss or damage by reason of the issuance of a deed at a tax deed auction shall have the right to recover surplus equity which was lost in the property through an award of indemnity. Provides that, in counties with 3,000,000 or more inhabitants, the period of redemption is 3 years from the date of sale.
Bill Text
We don't have the full text on file for this bill yet.
Read SB3940 on the official Illinois source →Action History
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Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
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Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
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Rule 3-9(a) / Re-referred to Assignments
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Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026
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Senate Committee Amendment No. 2 Assignments Refers to Revenue
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Senate Committee Amendment No. 2 Referred to Assignments
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Senate Committee Amendment No. 2 Filed with Secretary by Sen. Celina Villanueva
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Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
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Senate Committee Amendment No. 1 Assignments Refers to Revenue
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Senate Committee Amendment No. 1 Referred to Assignments
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Senate Committee Amendment No. 1 Filed with Secretary by Sen. Celina Villanueva
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Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
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Added as Co-Sponsor Sen. Graciela Guzmán
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Rule 2-10 Committee Deadline Established As April 24, 2026
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Assigned to Revenue
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Celina Villanueva
Sponsors
- Celina Villanueva · Primary
- Graciela Guzmán · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 181 not signed on
Sponsors (1)
- Celina Villanueva Democrat
Co-sponsors (1)
- Graciela Guzmán Democrat
Not signed on (181)
181 members have not signed on to this bill.
Show all 181 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB3940 do?
- Amends the Property Tax Code. Provides that a county, as trustee, may elect to acquire or sell tax delinquent property. Provides that the owner of property who sustains loss or damage by reason of the issuance of a deed at a tax deed auction shall have the right to recover surplus equity which was lost in the property through an award of indemnity. Provides that, in counties with 3,000,000 or more inhabitants, the period of redemption is 3 years from the date of sale.
- Who sponsors SB3940 ?
- SB3940 is sponsored by Celina Villanueva (Democrat) and Graciela Guzmán (Democrat).
- What is the current status of SB3940 ?
- This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
- Where can I track SB3940 ?
- Track SB3940 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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