<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4794         </title>
<shortdesc>PROP TAX-EQUITY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kelly M. Burke</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/21-90</reference><aliasreference></aliasreference><reference>35 ILCS 200/21-295</reference><aliasreference></aliasreference><reference>35 ILCS 200/21-305</reference><aliasreference></aliasreference><reference>35 ILCS 200/21-306</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that a property owner who sustains loss or damage by reason of the issuance of a tax deed is entitled to payment from the indemnity fund in the amount of the equity in the property described in the tax deed. Provides that a claim for equity must be filed within 90 days after the tax deed is recorded, except that, if the tax deed was issued on or after May 24, 2021 but before the effective date of the amendatory Act, then the petition for a claim for equity must be filed within 90 days after the effective date of the amendatory Act.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kelly M. Burke</action>
<statusdate>2/6/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue - Property Tax Subcommittee</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

