IL SB3939

Authorizes the State Treasurer to provide funding to counties for property tax payment relief through financial institution partnerships at market rates, effective tax year 2027 and thereafter.

Assigns tax liens or certificates for all delinquent properties subject to tax sale to the county as trustee for all taxing districts with interest in the property's taxes or special assessments.

Requires counties to attempt to sell properties acquired through tax deed at public auction, with provisions for handling surplus funds from such sales.

Amends the Deposit of State Moneys Act to allow the Treasurer to accept proposals from financial institutions for capital access programs supporting county property tax relief.

Makes conforming changes to the Counties Code and Revised Uniform Unclaimed Property Act to align with the new property tax sale procedures.