Bill Title: Amends the Code of Civil Procedure. Provides that any indebtedness of any kind that is secured by a mortgage or deed of trust in the nature of a mortgage has a 10-year period to commence an action. Amends the Probate Act of 1975. Provides that in any proceeding to sell or mortgage real estate, if the secured creditors cannot be satisfied in full, then the court shall not direct the sale without the secured creditors' approval to accept partial satisfaction; and if the secured creditors cannot be satisfied in full, a sale of the property is not considered necessary for the proper administration of the estate. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Enrolled) 2026-06-29 - Sent to the Governor [SB2951 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Enrolled	2026-05-31	HTML/Text	Link	View
Engrossed	2026-04-16	HTML/Text	Link	View
Introduced	2026-01-27	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 001	2026-05-08	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2951 currently on file.