Illinois lawmakers finally pass bill to end home equity theft – Illinois Policy

House Bill 4537 brings the state into compliance with the 2023 high court decision in Tyler v. Hennepin County, which ruled that in taking property, state governments must give owners the value that exceeds the amount owed in taxes. Just last month a federal district court ruled that Cook County was in violation of the constitution and potentially on the hook for millions of dollars owed to owners who lost their properties.