Illinois General Assembly - Bill Status for SB2505
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 Bill Status of SB2505  102nd General Assembly


Short Description:  RENTAL HOUSING SUPPORT FEE

Senate Sponsors
Sen. Omar Aquino

Last Action
DateChamber Action
  2/26/2021SenateReferred to Assignments

Statutes Amended In Order of Appearance
55 ILCS 5/3-5018from Ch. 34, par. 3-5018
55 ILCS 5/3-5018.1
55 ILCS 5/4-12002from Ch. 34, par. 4-12002
55 ILCS 5/4-12002.1
310 ILCS 105/10
310 ILCS 105/15


Synopsis As Introduced
Amends the Counties Code. Changes the Rental Housing Support Program State surcharge a county recorder must collect on each real-estate related document from $9 to $18. Increases the fee a county may charge for recording documents. Makes conforming changes. Amends the Rental Housing Support Program Act. Provides that annual receipts distributed under the Rental Housing Support Program shall be distributed with priority to local administering agencies from the county in which the annual receipts were collected. Provides that the Illinois Housing Development Authority shall wait at least 6 months after annual receipts are deposited into the Rental Housing Support Program Fund before distributing the annual receipts. Provides that the Authority shall work with each county to ensure that at least one local administering agency is located within each county.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Omar Aquino
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments

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