91st General Assembly
Status of HB4090
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   New Act                                                                     
   30 ILCS 105/5.541 new                                                       
   35 ILCS 5/203             from Ch. 120, par. 2-203                          
   305 ILCS 5/1-12 new                                                         

        Creates the Mortgage Relief Act and amends the State Finance Act,      
   the Illinois Public Aid Code, and the Illinois Income Tax Act. Creates      
   a fund out  of  which  relief  payments  can  be  made  to  qualifying      
   households  threatened  with  eviction  due  to  mortgage foreclosure.      
   Authorizes the Department of Human  Services  to  establish  a  relief      
   program  for  this  purpose,  with  provisions  closely  following the      
   existing  Homelessness  Prevention  Act.  Provides   that   assistance      
   received  under  the Mortgage Relief Act is not income for purposes of      
   determining the recipient's eligibility  for  other  State  assistance      
   programs. Provides that amounts equal to assistance that an individual      
   receives under the Mortgage Relief Act shall be deducted from adjusted      
   gross  income  in  the  calculation  of that individual's base income.      
   Effective immediately.                                                      
   00-02-01  H  FIRST READING                                                  
   00-02-01  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary