IL HB4929

Extends the deadline for the State to seek preliminary court determination of probable cause for property forfeiture from 14 days to 21 days after seizure.

Clarifies that court findings from a non-simultaneous preliminary review do not constitute collateral estoppel to filing criminal charges.

Removes the requirement that courts issue restraining orders or injunctions to preserve seized property after finding probable cause.

Requires notification to the State's Attorney be perfected only through delivery of the Illinois State Police approved form 4-64 for forfeiture proceedings.

Raises the property value threshold triggering judicial in rem procedures from $20,000 to $150,000 (excluding vehicle value) for non-real property forfeitures.