Bill Status of SB3931

  1. Home
  2. Legislation
  3. Bill Status

SB3931 - 104th General Assembly

REVENUE-REINTEGRATION FUND
Last Action
2/06/2026 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance
30 ILCS 105/5.1038 new
20 ILCS 1305/1-105 new
35 ILCS 200/31-10
35 ILCS 200/31-15
35 ILCS 200/31-35
Synopsis As Introduced
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.
Actions
Date Chamber Action
2/06/2026 Senate Filed with Secretary by Sen. Paul Faraci
2/06/2026 Senate First Reading
2/06/2026 Senate Referred to Assignments
2/19/2026 Senate Added as Chief Co-Sponsor Sen. Graciela Guzmán
2/20/2026 Senate Added as Co-Sponsor Sen. Laura M. Murphy
2/20/2026 Senate Added as Co-Sponsor Sen. Meg Loughran Cappel
2/26/2026 Senate Added as Chief Co-Sponsor Sen. Christopher Belt
2/26/2026 Senate Added as Co-Sponsor Sen. Mattie Hunter
2/26/2026 Senate Added as Co-Sponsor Sen. Mike Porfirio
3/03/2026 Senate Added as Co-Sponsor Sen. Adriane Johnson
3/06/2026 Senate Added as Co-Sponsor Sen. Mike Simmons