Illinois General Assembly - Bill Status for SB1749

Synopsis As Introduced
Creates the Short-Term Rental Occupation Tax Act. Imposes taxes upon short-term rental transactions facilitated by a hosting platform. Provides that one tax is imposed at the rate of 5% of 94% of the gross rental receipts from the transaction. Provides that an additional tax is imposed at the rate of 1% of 94% of the gross rental receipts from the transaction. Provides that operators of short-term rentals shall obtain a business license from the Department of Revenue. Amends the Hotel Operators' Occupation Tax Act. Provides that re-renters of hotel rooms who meet certain criteria related to gross receipts or number of transactions are required to collect and remit the tax under the Act. Amends the Counties Code and the Illinois Municipal Code to make conforming changes. Effective January 1, 2026.

Actions

Date	Chamber	Action
2/5/2025	Senate	Filed with Secretary by Sen. Cristina Castro
2/5/2025	Senate	First Reading
2/5/2025	Senate	Referred to Assignments
2/18/2025	Senate	Assigned to Revenue
3/21/2025	Senate	Rule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025	Senate	Rule 2-10 Committee Deadline Established As May 9, 2025
5/9/2025	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/2/2025	Senate	Rule 3-9(a) / Re-referred to Assignments

×