SB1261 - 104th General Assembly

IHDA-HOMEOWNERSHIP PROGRAMS
Last Action

6/27/2025 - Senate: Sent to the Governor
Statutes Amended In Order of Appearance

New Act
Synopsis As Introduced

Creates the Community Land Trust Home Ownership Act. Provides that the Illinois Housing Development Authority's homeownership programs, including loan products, grants, and other types of assistance, shall be made available to home buyers and owners seeking to purchase or maintain housing where a leasehold interest in real property is held by a community land trust or other 501(c)(3) organization for the purposes of promoting long-term affordability, preservation of affordable housing, or community revitalization efforts. Provides that any other type of seller, including for-profit or private sellers of homes, through leasehold agreements, such as installment contracts, contract for deeds, or any other type of purchase or ownership structure, shall not be eligible under the amendatory Act. Requires the Illinois Housing Development Authority, within 90 days after the effective date of the Act, to propose new or amended administrative rules that will make the Authority's homeownership programs consistent with the purposes of the Act. Effective immediately.

Senate Floor Amendment No. 1

Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes: Creates the Community Land Trust Task Force within the Illinois Housing Development Authority. Contains provisions concerning Task Force membership; Task Force meetings; and administrative support to the Task Force. Provides that the Task Force shall perform certain duties, including: (i) implementing the 2024 Community Land Trust Task Force Report recommendations; (ii) studying the use of community land trusts as a tool to create permanently affordable housing, including as an alternative to property tax sales; and (iii) increasing the number of State grants for organizational capacity-building and housing development, with spending rules tailored to the needs of community land trusts and the size of community land trust projects. Requires the Task Force to submit periodic reports to the Governor and General Assembly covering the Task Force's investigation into community land trusts and the Task Force's duties. Provides that the reports shall be made publicly available on the Illinois Housing Development Authority's website. Effective immediately.

House Floor Amendment No. 2

Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill. Requires the Community Land Trust Task Force to submit a report (rather than periodic reports) to the Governor and General Assembly. Provides that the Community Land Trust Task Force is dissolved, and the provisions creating the Task Force are repealed, 14 months after the date upon which the Task Force holds its first meeting. Makes some grammar changes. Effective immediately.
Actions

Date Chamber Action
1/28/2025 Senate Filed with Secretary by Sen. Graciela Guzmán
1/28/2025 Senate First Reading
1/28/2025 Senate Referred to Assignments
3/12/2025 Senate Assigned to Judiciary
3/19/2025 Senate Do Pass Judiciary; 009-000-000
3/19/2025 Senate Placed on Calendar Order of 2nd Reading March 20, 2025
3/20/2025 Senate Second Reading
3/20/2025 Senate Placed on Calendar Order of 3rd Reading April 1, 2025
4/04/2025 Senate Senate Floor Amendment No. 1 Filed with Secretary by Sen. Graciela Guzmán
4/04/2025 Senate Senate Floor Amendment No. 1 Referred to Assignments
4/08/2025 Senate Senate Floor Amendment No. 1 Assignments Refers to Judiciary
4/09/2025 Senate Added as Co-Sponsor Sen. Rachel Ventura
4/09/2025 Senate Added as Chief Co-Sponsor Sen. Mike Simmons
4/09/2025 Senate Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 008-000-000
4/10/2025 Senate Recalled to Second Reading
4/10/2025 Senate Senate Floor Amendment No. 1 Adopted; Guzman
4/10/2025 Senate Placed on Calendar Order of 3rd Reading
4/10/2025 Senate Third Reading - Passed; 056-000-000
4/10/2025 Senate Added as Chief Co-Sponsor Sen. Willie Preston
4/10/2025 Senate Added as Co-Sponsor Sen. Li Arellano, Jr.
4/10/2025 House Arrived in House
4/10/2025 House Chief House Sponsor Rep. Lilian Jiménez
4/11/2025 House First Reading
4/11/2025 House Referred to Rules Committee
4/17/2025 House Assigned to Housing Committee
5/06/2025 House House Committee Amendment No. 1 Filed with Clerk by Rep. Lilian Jiménez
5/06/2025 House House Committee Amendment No. 1 Referred to Rules Committee
5/07/2025 House Do Pass / Short Debate Housing Committee; 010-003-000
5/07/2025 House House Committee Amendment No. 1 Tabled
5/07/2025 House Placed on Calendar 2nd Reading - Short Debate
5/08/2025 House House Floor Amendment No. 2 Filed with Clerk by Rep. Lilian Jiménez
5/08/2025 House House Floor Amendment No. 2 Referred to Rules Committee
5/13/2025 House House Floor Amendment No. 2 Rules Refers to Housing Committee
5/13/2025 House Added Alternate Co-Sponsor Rep. Emanuel "Chris" Welch
5/14/2025 House House Floor Amendment No. 2 Recommends Be Adopted Housing Committee; 011-005-000
5/16/2025 House House Floor Amendment No. 2 Adopted by Voice Vote
5/16/2025 House Second Reading - Short Debate
5/16/2025 House Placed on Calendar Order of 3rd Reading - Short Debate
5/21/2025 House Third Reading - Short Debate - Passed 071-037-000
5/21/2025 House Added Alternate Co-Sponsor Rep. Sharon Chung
5/21/2025 House Added Alternate Co-Sponsor Rep. Camille Y. Lilly
5/21/2025 House Added Alternate Co-Sponsor Rep. Yolonda Morris
5/21/2025 Senate Secretary's Desk - Concurrence House Amendment(s) 2
5/21/2025 Senate Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 22, 2025
5/22/2025 House Added Alternate Co-Sponsor Rep. Hoan Huynh
5/27/2025 Senate House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Graciela Guzmán
5/27/2025 Senate House Floor Amendment No. 2 Motion to Concur Referred to Assignments
5/27/2025 Senate House Floor Amendment No. 2 Motion to Concur Assignments Referred to Judiciary
5/28/2025 Senate House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Judiciary; 008-000-000
5/31/2025 Senate House Floor Amendment No. 2 Senate Concurs 056-000-000
5/31/2025 Senate Senate Concurs
5/31/2025 Senate Passed Both Houses
5/31/2025 Senate Added as Co-Sponsor Sen. Napoleon Harris, III
6/27/2025 Senate Sent to the Governor