Bill Status of HB 490   94th General Assembly


Short Description:  RENTAL HOUSING SUPPORT PROGRAM

House Sponsors
Rep. Linda Chapa LaVia

Last Action  View All Actions

DateChamber Action
  2/10/2005HouseTabled By Sponsor Rep. Linda Chapa LaVia

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.640 new
55 ILCS 5/3-5018from Ch. 34, par. 3-5018
55 ILCS 5/4-12002from Ch. 34, par. 4-12002

Synopsis As Introduced
Creates Rental Housing Support Program Act. Creates the Illinois Housing Development Authority with powers and duties, such as: make grants to non-profit organizations designated by municipalities; grants to be distributed according to a formula based on U.S. Census data to 20 designated areas of the State; make grants for long-term operating support for affordable rental housing; limits eligibility for tenancy in units supported by grants to those households with income that is 30% or below of the area's median family income. Makes other provisions. Amends the State Finance Act by adding the Rental Housing Support Program Fund. Amends the Counties Code to provide that recorders shall collect a $10 Rental Housing Support Program surcharge for recording any real estate-related document. Allocates from each $10 surcharge, $1 to county's general revenue fund and $9 to the Department of Revenue for deposit in the Rental Housing Support Program Fund. Effective July 1, 2005.

Actions 
DateChamber Action
  1/27/2005HouseFiled with the Clerk by Rep. Linda Chapa LaVia
  1/27/2005HouseFirst Reading
  1/27/2005HouseReferred to Rules Committee
  2/2/2005HouseAssigned to Executive Committee
  2/10/2005HouseTabled By Sponsor Rep. Linda Chapa LaVia

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