PROP TAX-EQUITY

What it does

The legislature's own summary of the bill, or its official long title.

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.

Every action

6 steps, oldest first, as the legislature records them.

1. Feb 8, 2024SenateFiled with Secretary by Sen. Celina Villanueva
2. Feb 8, 2024SenateFirst Reading
3. Feb 8, 2024CommitteeReferred to Assignments · Senate Assignments
4. Feb 20, 2024CommitteeAssigned to Revenue · Senate Revenue
5. Mar 15, 2024CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
6. Jan 7, 2025SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Celina VillanuevaD Primary sponsor · District 12