Bill Texts: IL HB5212 | 2025-2026 | 104th General Assembly

Bill Title: Amends the State Finance Act. Creates the Community Housing Reintegration Fund. Provides that moneys in the Fund may be used to provide housing-related costs for eligible persons who are either (i) transitioning out of congregate long-term care settings into less restrictive independent and community-based housing or (ii) facing impending placement in a congregate long-term care facility due to lack of affordable accessible housing. Amends the Property Tax Code. Increases the real estate transfer tax from $0.50 per $500 of valuation to $0.75 per $500 in valuation. Provides that a portion of the proceeds from the real estate transfer tax shall be deposited into the Community Housing Reintegration Fund. Effective immediately.

Sponsorship: Partisan Bill (Democrat 4)

Status: (Introduced) 2026-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB5212 Detail]

Bill Drafts

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Introduced2026-02-05HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB5212

Supplemental Documents

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No supplemental documents for Illinois HB5212 currently on file.

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