Bill Status of SB 1795   98th General Assembly


Short Description:  CNTY CD-HOUSING-RECORDING FEES

Senate Sponsors
Sen. Iris Y. Martinez-Terry Link-Jacqueline Y. Collins

Last Action  View All Actions

DateChamber Action
  1/13/2015SenateSession Sine Die

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

Synopsis As Introduced
Amends the Counties Code. Establishes a $1 per document recording fee for certain filers for any document that affects an interest in real property other than documents which solely affect or relate to an easement for water, sewer, electricity, gas, telephone, or other public service. Provides that $0.50 of the $1 fee shall be deposited into the Recorder's Automation Fund and may not be appropriated or expended for any other purpose. Provides that the additional amounts available to the recorder for expenditure from the Recorder's Automation Fund shall not offset or reduce any other county appropriations or funding for the office of the recorder. Establishes a similar $1 per document recording fee in counties exceeding 1,000,000 for certain filers for any document that affects an interest in real property other than documents which solely affect or relate to an easement for water, sewer, electricity, gas, telephone, or other public service. Provides that $0.50 of the $1 fee shall be deposited into the County Recorder Document Storage System Fund. Reduces the Rental Housing Support Program State surcharge for the recordation of any real estate-related document from $10 to $9. Amends the Rental Housing Support Program Act. Adds a legislative finding regarding the negative effects of unaffordable rental rates and persons who benefit from the Rental Housing Support Program including all individuals who record real estate related documents by helping to stabilize real estate values, rental property owners by subsidizing the portion of rent that many of their tenants are unable to pay, individuals who own real estate by providing an option for affordable rental housing should they one day face foreclosure, and tenants who participate in the program by providing them with rental assistance. Effective immediately.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. Iris Y. Martinez
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  2/27/2013SenateAssigned to Local Government
  2/28/2013SenateAdded as Chief Co-Sponsor Sen. Terry Link
  3/6/2013SenateDo Pass Local Government; 013-000-000
  3/6/2013SenatePlaced on Calendar Order of 2nd Reading March 7, 2013
  3/12/2013SenateSecond Reading
  3/12/2013SenatePlaced on Calendar Order of 3rd Reading March 13, 2013
  4/17/2013SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  4/30/2013SenateRe-referred to Assignments
  1/13/2015SenateSession Sine Die

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