HB5136 Summary

• Courts must declare a property tax sale to be in error if improvements on the property have been rendered unfit for occupancy between the tax sale and issuance of the tax deed.

• Removes the nonrefundable $80 fee exception, allowing full refunds to tax certificate holders when sales are declared in error under specified grounds.

• Eliminates exceptions to interest payments for sales in error declared under Section 22-35, Section 22-50, and subdivision (b)(2) or (b)(4) of Section 21-310.

• Requires State's attorneys to notify county collectors and assessors when courts declare sales in error, and mandates assessment record updates to prevent recurrence.

• Changes apply only to tax certificates issued on or after the bill's effective date.