IL SB2505 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-02-26 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Counties Code. Changes the Rental Housing Support Program State surcharge a county recorder must collect on each real-estate related document from $9 to $18. Increases the fee a county may charge for recording documents. Makes conforming changes. Amends the Rental Housing Support Program Act. Provides that annual receipts distributed under the Rental Housing Support Program shall be distributed with priority to local administering agencies from the county in which the annual receipts were collected. Provides that the Illinois Housing Development Authority shall wait at least 6 months after annual receipts are deposited into the Rental Housing Support Program Fund before distributing the annual receipts. Provides that the Authority shall work with each county to ensure that at least one local administering agency is located within each county.

Tracking Information

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Title

RENTAL HOUSING SUPPORT FEE

Sponsors


History

DateChamberAction
2021-02-26SenateReferred to Assignments
2021-02-26SenateFirst Reading
2021-02-26SenateFiled with Secretary by Sen. Omar Aquino

Code Citations

ChapterArticleSectionCitation TypeStatute Text
31010510Amended CodeCitation Text
31010515Amended CodeCitation Text
5553-5018Amended CodeCitation Text
5553-5018.1Amended CodeCitation Text
5554-12002Amended CodeCitation Text
5554-12002.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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