PROP TAX-EQUITY Senate SponsorsSen. Celina Villanueva 1/7/2025SenateSession Sine Die 35 ILCS 200/21-9035 ILCS 200/21-29535 ILCS 200/21-30535 ILCS 200/21-306Amends 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. 2/8/2024SenateFiled with Secretary by Sen. Celina Villanueva 2/8/2024SenateFirst Reading 2/8/2024SenateReferred to Assignments 2/20/2024SenateAssigned to Revenue 3/15/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die