HB 4826

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Real Estate Transfer Revenue

Abstract

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.

Bill Sponsors (25)

Votes


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Actions


Jun 23, 2020

House

Rule 19(b) / Re-referred to Rules Committee

May 22, 2020

House

Added Co-Sponsor Rep. Jonathan "Yoni" Pizer

Mar 12, 2020

House

Assigned to Revenue & Finance Committee

Feb 28, 2020

House

Added Co-Sponsor Rep. Rita Mayfield

Feb 27, 2020

House

Added Co-Sponsor Rep. Kelly M. Cassidy

Feb 21, 2020

House

Added Co-Sponsor Rep. Diane Pappas

House

Added Co-Sponsor Rep. Michael J. Zalewski

Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 11, 2020

House

Added Co-Sponsor Rep. Elizabeth Hernandez

House

Added Co-Sponsor Rep. Lamont J. Robinson, Jr.

House

Added Co-Sponsor Rep. Emanuel Chris Welch

House

Added Co-Sponsor Rep. Justin Slaughter

House

Added Co-Sponsor Rep. Edgar Gonzalez, Jr.

House

Filed with the Clerk by Rep. Delia C. Ramirez

House

Added Co-Sponsor Rep. Sonya M. Harper

House

Added Co-Sponsor Rep. Aaron M. Ortiz

House

Added Co-Sponsor Rep. Thaddeus Jones

House

Added Co-Sponsor Rep. Eva Dina Delgado

House

Added Co-Sponsor Rep. Nicholas K. Smith

House

Added Co-Sponsor Rep. Marcus C. Evans, Jr.

House

Added Chief Co-Sponsor Rep. Will Guzzardi

House

Added Chief Co-Sponsor Rep. Carol Ammons

House

Added Chief Co-Sponsor Rep. Theresa Mah

House

Added Chief Co-Sponsor Rep. Robyn Gabel

House

Added Co-Sponsor Rep. Anne Stava-Murray

House

Added Co-Sponsor Rep. Maurice A. West, II

House

Added Co-Sponsor Rep. André Thapedi

House

Added Co-Sponsor Rep. Mary Edly-Allen

Bill Text

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Sources

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