IL HB4964 | 2025-2026 | 104th General Assembly
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 4 2026 - 25% progression, died in committee
Action: 2026-02-06 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2026 - 25% progression, died in committee
Action: 2026-02-06 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Real Estate License Act of 2000. Requires a licensee representing a seller of residential real estate to share information on the property with any licensees representing prospective buyers, respond to inquiries from any licensees representing prospective buyers, make the property available for showing to prospective buyers, and, within one calendar day of the start date of any brokerage agreement authorizing the licensee to sell the client's property, publicly advertise or market the listed property for sale on an Internet platform or website accessible to the public and any real estate licensees representing prospective buyers unless the seller completes and signs a disclosure and opt-out form prescribed by the Department of Financial and Professional Regulation. Effective immediately.
Title
REAL ESTATE LICENSEE-DUTIES
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2026-02-06 | House | Referred to Rules Committee |
| 2026-02-06 | House | First Reading |
| 2026-02-04 | House | Filed with the Clerk by Rep. Lilian Jiménez |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 225 | 454 | 15-15 | Amended Code | Citation Text |
