Illinois SB2834 amends the Property Tax Code to delay the issuance of tax sale certificates until 90 days post-sale.
Illinois SB2834 modifies the Property Tax Code by introducing a delay in the issuance of certificates of purchase for properties sold in tax sales. Effective from January 1, 2027, the county clerk must wait at least 90 days after the conclusion of a tax sale before issuing a certificate of purchase. This change aims to ensure that all necessary procedures are completed before the certificate is issued, potentially affecting the timeline for property redemption and sale processes.
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