Property Tax Debt Sale Reform Will Allow Homeowners to Keep More of Their Equity

Source WTTW
Original Load Date May 31, 2026, 9:01 p.m.
Last Updated May 31, 2026, 9:01 p.m.
Original URL https://news.wttw.com/2026/05/31/property-tax-debt-sale-reform-will-allow-homeowners-keep-more-their-equity

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Illinois could soon reform the state’s regulations on delinquent property tax sales after the House approved a bill 80-35 along party lines Saturday evening that lets homeowners keep their equity. [ House Bill 4537 ][1] makes various changes to the regulations for selling property tax debt. The key...