Bill Title: Amends the Counties Code. Authorizes Lake County to establish an affordable housing trust fund. Provides that Lake County may, by ordinance or resolution, provide for an affordable housing trust fund surcharge in the amount of $3 for the recordation of any real estate-related document to fund the affordable housing trust fund. Defines "affordable housing trust fund" and "real estate-related document". Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 6-2)

Status: (Failed) 2015-01-13 - Session Sine Die [SB1244 Detail]

Text: Latest bill text (Amended) [HTML]

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