IL HB5862 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 9 2020 - 25% progression, died in committee
Action: 2020-11-10 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Real Estate License Act of 2000. Provides that a real estate broker or managing broker may not engage in discrimination when preparing a broker price opinion or comparative market analysis for residential real estate. Provides that a real estate broker or managing broker engages in discrimination when he or she considers the actual or perceived race, color, religion, or national origin of the owner of the real estate or the residents of the geographic area in which the real estate is located when determining the market value of the real estate. Amends the Real Estate Appraiser Licensing Act of 2002. Provides that an appraiser may not engage in discrimination when preparing a comparative market analysis for residential real estate. Provides that an appraiser engages in discrimination when he or she considers the actual or perceived race, color, religion, or national origin of the owner of the real estate or the residents of the geographic area in which the real estate is located when determining the market value of the real estate. Provides for a private right of action in the circuit court and a civil action initiated by the Illinois Attorney General. Provides for professional discipline of brokers and appraisers who engage in discrimination.

Tracking Information

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Title

REAL ESTATE-DISCRIMINATION

Sponsors


History

DateChamberAction
2020-11-10HouseReferred to Rules Committee
2020-11-10HouseFirst Reading
2020-11-09HouseFiled with the Clerk by Rep. Mary E. Flowers

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22545410-45Amended CodeCitation Text
22545420-20Amended CodeCitation Text
22545810-25New CodeSee Bill Text
22545815-10Amended CodeCitation Text

Illinois State Sources


Bill Comments

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