Illinois General Assembly - Bill Status for HB4826
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 Bill Status of HB4826  101st General Assembly

Short Description:  REAL ESTATE TRANSFER REVENUE

House Sponsors
Rep. Delia C. Ramirez - Will Guzzardi - Carol Ammons - Theresa Mah - Robyn Gabel, Anne Stava-Murray, Maurice A. West, II, André Thapedi, Mary Edly-Allen, Elizabeth Hernandez, Lamont J. Robinson, Jr., Emanuel Chris Welch, Justin Slaughter, Edgar Gonzalez, Jr., Marcus C. Evans, Jr., Sonya M. Harper, Aaron M. Ortiz, Thaddeus Jones, Eva Dina Delgado, Nicholas K. Smith, Michael J. Zalewski, Diane Pappas, Kelly M. Cassidy, Rita Mayfield and Jonathan "Yoni" Pizer

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/8-3-19


Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that a home rule municipality with a population in excess of 1,000,000 may restructure the rates of an existing real estate transfer tax to specified amounts. Provides that if the municipality increases the real estate transfer tax rates as provided in this subsection, then of the entire proceeds received from the real estate transfer tax, 75% shall be dedicated to the city's general budget and 25% shall be dedicated to housing and services to combat homelessness.

Actions 
DateChamber Action
  2/11/2020HouseFiled with the Clerk by Rep. Delia C. Ramirez
  2/11/2020HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
  2/11/2020HouseAdded Chief Co-Sponsor Rep. Carol Ammons
  2/11/2020HouseAdded Chief Co-Sponsor Rep. Theresa Mah
  2/11/2020HouseAdded Chief Co-Sponsor Rep. Robyn Gabel
  2/11/2020HouseAdded Co-Sponsor Rep. Anne Stava-Murray
  2/11/2020HouseAdded Co-Sponsor Rep. Maurice A. West, II
  2/11/2020HouseAdded Co-Sponsor Rep. André Thapedi
  2/11/2020HouseAdded Co-Sponsor Rep. Mary Edly-Allen
  2/11/2020HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
  2/11/2020HouseAdded Co-Sponsor Rep. Lamont J. Robinson, Jr.
  2/11/2020HouseAdded Co-Sponsor Rep. Emanuel Chris Welch
  2/11/2020HouseAdded Co-Sponsor Rep. Justin Slaughter
  2/11/2020HouseAdded Co-Sponsor Rep. Edgar Gonzalez, Jr.
  2/11/2020HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  2/11/2020HouseAdded Co-Sponsor Rep. Sonya M. Harper
  2/11/2020HouseAdded Co-Sponsor Rep. Aaron M. Ortiz
  2/11/2020HouseAdded Co-Sponsor Rep. Thaddeus Jones
  2/11/2020HouseAdded Co-Sponsor Rep. Eva Dina Delgado
  2/11/2020HouseAdded Co-Sponsor Rep. Nicholas K. Smith
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  2/21/2020HouseAdded Co-Sponsor Rep. Michael J. Zalewski
  2/21/2020HouseAdded Co-Sponsor Rep. Diane Pappas
  2/27/2020HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
  2/28/2020HouseAdded Co-Sponsor Rep. Rita Mayfield
  3/12/2020HouseAssigned to Revenue & Finance Committee
  5/22/2020HouseAdded Co-Sponsor Rep. Jonathan "Yoni" Pizer
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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