Bill Title: Amends the Rental Housing Support Program Act. In regard to grants provided under the Rental Housing Support Program for the operating expenses of local administering agencies, provides that on an annual basis, operating expenses for local administering agencies shall not exceed 10% for grants under $500,000 and shall not exceed 7% for grants over $500,000 (rather than operating expenses for local administering agencies shall not exceed 10% for grants under $500,000 and shall not exceed 7% for grants over $500,000). Provides that if a grant to a local administering agency covers more than one year, the Authority shall calculate operating expenses on an annual pro rata share of the grant. Provides that if the annual pro rata share is $500,000 or less, then the fee shall be 10%; if the annual pro rata share is greater than $500,000, then the fee shall be 7%.

Spectrum: Moderate Partisan Bill (Democrat 7-1)

Status: (Passed) 2012-08-13 - Public Act . . . . . . . . . 97-0952 [HB4615 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2012-08-14	HTML/Text	Link	View
Enrolled	2012-05-25	HTML/Text	Link	View
Engrossed	2012-03-21	HTML/Text	Link	View
Introduced	2012-02-01	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4615

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4615 currently on file.

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