Loading chat...
IL HB3878
Bill
Status
1/6/2023
Primary Sponsor
Curtis Tarver
Click for details
AI Summary
HB3878 - Rental Housing Support Fee
-
Increases the Rental Housing Support Program State surcharge from $9 to $18 per real estate-related document recordation in Illinois counties.
-
Raises minimum county fees for standard documents under predictable fee schedules: deeds, leases, mortgages, and easements increase from $12-$20 to $13-$21 in non-third class counties and from $20 to $21 in third class counties.
-
Establishes the Illinois Rental Housing Support Program Funding Allocation Task Force consisting of 18-20 members to study equitable distribution of rental housing support funds across the state, with a report due by September 30, 2023.
-
Requires local administering agencies to prioritize serving counties where surcharge receipts were collected, subject to task force recommendations and funding distribution requirements.
-
Takes effect July 1, 2023.
Legislative Description
RENTAL HOUSING SUPPORT FEE
Last Action
Added Co-Sponsor Rep. Debbie Meyers-Martin
1/6/2023