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IL SB2834
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Lakesia Collins
Click for details
AI Summary
- Amends the Illinois Property Tax Code (35 ILCS 200/21-250) regarding certificates of purchase issued after tax sales
- Requires a mandatory 90-day waiting period after a tax sale concludes before a certificate of purchase can be issued to the buyer
- Applies only to tax sales occurring on or after January 1, 2027
- Introduced by Senator Lakesia Collins on January 13, 2026
Legislative Description
PROP TX-CERT OF PURCHASE
Last Action
Rule 2-10 Committee Deadline Established As April 24, 2026
3/13/2026
Committee Referrals
Revenue2/3/2026
Assignments1/13/2026
Full Bill Text
No bill text available