Castro-supported legislation to pause annual property tax sale timeline

SPRINGFIELD – State Senator Cristina Castro is supporting legislation aimed at giving the state additional time to protect homeowners from losing their home’s equity during the property tax sale process.

“Working families are feeling the economic pressure – from property tax bills to the rising cost of living,” said Castro (D-Elgin). “We need to shift that burden from their shoulders, and this legislation represents an opportunity to make these necessary changes to the property tax sale system.”

When homeowners fall behind on their property taxes, it can place them in a vulnerable position where they can lose their residence during a tax sale. Many lose their homes due to minimal debt, sometimes owing less than $1,000. Currently, when a home is sold at a tax sale, investors keep the extra value of the property while working families lose out after having spent years building that equity.

House Bill 598 would push the start date of the annual property tax sale process back from March 10 to Dec. 1, 2026. Delaying the start date aims to give Illinois more time to address issues with the Cook County property tax sale system and ensure taxpayers’ rights are being considered.

“Losing your home while struggling financially is not what the American Dream looks like,” said Castro. “Delaying the tax sale process is not only right, it is responsible as it presents the opportunity to create more long term-solutions to our property tax problem.”

House Bill 598 passed the Senate on Thursday.

Castro-led ban on credit card ‘swipe fees’ upheld by federal court

ELGIN – State Senator Cristina Castro celebrated a federal court’s recent decision upholding the Illinois Interchange Fee Prohibition Act, paving the way for Illinois to become the first state in the nation to ban financial institutions from charging electronic processing fees on the tax and tip portions of credit and debit card transactions.

“This initiative will benefit small businesses and consumers across the state,” said Castro (D-Elgin). “This law sends a clear message that Illinois will not waver in its commitment to safeguard the pocketbooks of our hardworking residents, and it will deliver the largest relief for Main Street businesses in decades.”

The Castro-backed measure – which was signed into law in 2024 as part of House Bill 4951 – will prohibit financial institutions from charging interchange fees – commonly known as “swipe fees” – on the tax and tip portions of debit and credit card transactions in Illinois.

Currently, retailers pay swipe fees on the base price of an electronic transaction and on the sales tax they collect for the state. These are hidden costs paid by merchants to banks and credit card companies for processing card transactions. The Interchange Fee Prohibition Act responds to these hidden costs, aiming to provide relief for customers at the checkout and promote economic fairness for merchants, retailers and small businesses across Illinois.

“The importance of ensuring transparency for consumers by removing hidden costs cannot be understated,” said Castro. “I’m pleased this ruling will allow us to use all the tools we have available to help bring down the cost of living for working families.”

The Interchange Fee Prohibition Act will go into effect July 1, 2026.

Castro exige un presupuesto responsable que ayude a los residentes de Illinois a prosperar

SPRINGFIELD — Después de que el gobernador JB Pritzker diera a conocer su propuesta de presupuesto para el próximo año fiscal, la senadora estatal Cristina Castro (D-Elgin) emitió la siguiente declaración:

“La propuesta que hemos escuchado hoy ayudará a mantener los servicios esenciales, pero una cosa queda clara: Illinois seguirá adelante a pesar de los esfuerzos de la administración Trump por castigar al estado.”

“En medio de un momento de gran incertidumbre a nivel federal, debemos mantener nuestros compromisos con las personas a las que representamos en educación, salud y vivienda para garantizar que nuestro estado siga prosperando y que las comunidades menos representadas sigan siendo visibles.

“Las inversiones propuestas en ayudas económicas para estudiantes universitarios, ayudas para el pago inicial de viviendas para compradores por primera vez y ayudas para la vivienda accesible dejan claro que nuestras prioridades comunes son seguir mejorando la situación de las familias trabajadoras. Illinois seguirá invirtiendo en oportunidades que proporcionen un sentido del sueño americano a las personas que anhelan ser dueños de una vivienda por primera vez, mantener a sus familias y alcanzar una educación universitaria.

"Durante los próximos meses, trabajaré con mis colegas para negociar un presupuesto final que sea proactivo, responsable y mantenga el apoyo a los programas, servicios e instituciones en las que confían mis constituyentes."

Castro urges responsible budgeting while helping Illinoisans thrive

 SPRINGFIELD — After Governor JB Pritzker released his proposed budget for the coming fiscal year, State Senator Cristina Castro (D-Elgin) released the following statement:

“The proposal we heard today will help maintain essential services, but one thing remains clear: Illinois will continue to push forward despite the Trump administration’s efforts to punish the state.

“Amid a time of great uncertainty at the federal level, we must keep our commitments to the people we represent in education, health care and housing to ensure our state continues to thrive and underrepresented communities remain seen.

“The proposed investments in financial aid for college students, down payment assistance for first-time homebuyers and housing assistance make clear that our shared priorities are to continue to uplift working families. Illinois will continue to invest in opportunities that provide a sense of the American Dream to people who have yearned to be a first-time homeowner, to provide for their families and to reach for a college education.

“Over the next several months, I will be working with my colleagues to negotiate a final budget that is proactive, responsible, and maintains support for the programs, services and institutions my constituents rely on.”