HB5765 - 104th General Assembly

REAL HOUSING ACT
Last Action
5/07/2026 - House: Referred to Rules Committee
Statutes Amended In Order of Appearance
20 ILCS 605/605-1119 new
20 ILCS 605/605-1120 new
20 ILCS 605/605-1121 new
20 ILCS 605/605-1122 new
20 ILCS 1505/1505-230 new
20 ILCS 2505/2505-817 new
20 ILCS 3805/7.24i new
20 ILCS 3805/8.2 new
30 ILCS 105/5.1038 new
30 ILCS 105/5.1039 new
30 ILCS 105/6z-149 new
30 ILCS 105/6z-150 new
30 ILCS 115/2from Ch. 85, par. 612
35 ILCS 105/3-10from Ch. 120, par. 439.33-10
35 ILCS 105/12from Ch. 120, par. 439.12
35 ILCS 110/12from Ch. 120, par. 439.42
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 115/12from Ch. 120, par. 439.112
35 ILCS 120/2-10from Ch. 120, par. 441-10
35 ILCS 120/5o new
50 ILCS 825/Act rep.
55 ILCS 5/5-2008 new
55 ILCS 5/5-12025 new
65 ILCS 5/8-11-25 new
65 ILCS 5/11-13-30 new
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
765 ILCS 160/1-95 new
765 ILCS 165/50 new
765 ILCS 605/40 new
765 ILCS 705/35 new
765 ILCS 715/4 new
Synopsis As Introduced
Specifies that the amendatory Act may be referred to as the Reducing Expenses and Advancing Local (REAL) Housing Act. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Creates the Middle Housing Incentive Program. Amends the Department of Labor Law of the Civil Administrative Code of Illinois. Authorizes the Department to establish workforce development initiatives. Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Extends the Veteran Property Tax Relief Reimbursement Pilot Program to July 1, 2030 (rather than July 1, 2028). Describes administrative responsibilities of the Department. Amends the State Finance Act. Creates the Veterans Property Tax Relief Reimbursement Pilot Program Fund and the Middle Housing Incentive Program Fund as special funds in the State treasury. Amends the Illinois Municipal Code and the Counties Code. Provides that a county or municipality may opt in, by resolution, to participate in the receipt of Local Government Distributive Fund revenues exceeding 8% of State income tax collections. Authorizes by-right overlay districts for middle housing and other housing-related innovations. Amends the Tax Increment Allocation Redevelopment Act. Makes changes to the definition of "redevelopment costs." Amends the Use Tax Act, the Services Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Changes the rate of tax on qualified residential development building materials to 1.25% (rather than 6.25%). Amends the Property Tax Code. Makes changes concerning the distribution of moneys collected from the Real Estate Transfer Tax. Amends the Prevailing Wage Act. Modifies the definition of "public works". Amends the Illinois Housing Development Act. Establishes grant-making and reporting requirements for the Illinois Housing Development Authority. Amends the Real Estate License Act of 2000. Limits commissions charged in residential real estate transactions. Amends the Security Deposit Return Act, the Security Deposit Interest Act, and the Landlord and Tenant Act. Makes changes regarding screening reports of prospective tenants and upfront rental costs of residential units. Makes conforming changes in the Condominium Property Act and the Common Interest Community Association Act regarding middle housing. Makes other changes. Effective January 1, 2028.
Actions
Date Chamber Action
5/07/2026 House Filed with the Clerk by Rep. William "Will" Davis
5/07/2026 House First Reading
5/07/2026 House Referred to Rules Committee
5/15/2026 House Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
5/21/2026 House Added Co-Sponsor Rep. Kyle Moore