IL SB3512 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 10-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Rent Control Act. Establishes County Rent Control Boards in every county on the date all initial members of a Board are elected and qualified. Provides for nomination and election of Board members. Includes provisions relating to qualifications of members, vacancy of a Board member seat, and meetings of a Board. Provides for duties of a Board, including establishing countywide rent-controlled amounts for renting to households of specified income levels and calculating an average rent for dwellings in the county. Provides that a Board must establish regulations concerning rent for households of specified income levels, including: restrictions on increasing rent-controlled amounts; notice to tenants before increasing rent; creation of a reserve account by property owners for repairs and capital improvements; and other regulations. Defines terms. Limits home rule powers. Amends the Election Code by making conforming changes relating to the election of Board members. Amends the Illinois Income Tax Act. Adds an income tax credit equal to the difference between the rent-controlled amount and the average rent established by a County Rent Control Board and an income tax credit for an amount equal to the amount of capital improvements to property a taxpayer owns and rents to households of specified income levels. Repeals the Rent Control Preemption Act.

Tracking Information

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Title

RENT CONTROL ACT

Sponsors


History

DateChamberAction
2019-01-09SenateSession Sine Die
2018-11-14SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
2018-05-30SenateAdded as Co-Sponsor Sen. Omar Aquino
2018-05-30SenateAdded as Co-Sponsor Sen. Antonio Muñoz
2018-05-23SenateAdded as Co-Sponsor Sen. Kwame Raoul
2018-05-21SenateAdded as Co-Sponsor Sen. Daniel Biss
2018-05-16SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
2018-05-15SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2018-05-11SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
2018-05-10SenateAdded as Chief Co-Sponsor Sen. Patricia Van Pelt
2018-02-16SenateReferred to Assignments
2018-02-16SenateFirst Reading
2018-02-16SenateFiled with Secretary by Sen. Mattie Hunter

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1052A-1.2Amended CodeCitation Text
355227New CodeSee Bill Text
50825ActRepealed CodeCitation Text

Illinois State Sources


Bill Comments

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