HB3146

Illinois HB3146 amends the Property Tax Code to modify procedures for judicial tax deed auctions and distressed property conveyances.

HB3146 revises the Property Tax Code to streamline the process for judicial tax deed auctions. It allows counties to request tax deeds without auctions if multiple delinquent tax liens or certificates are involved. It mandates public notice for auctions and sets conditions for confirmation of sales. The bill also addresses the distribution of surplus funds from auctions and the rights of property owners to recover lost equity.