IL HB4964

Creates the "End Aldermanic Privilege Law" in the Illinois Municipal Code, applicable only to the City of Chicago.

Prohibits denial of approvals based on aldermanic holds, objections, extra-judicial requests, or laws/ordinances enacted after a property owner, developer, or contractor: participates in a concept meeting, files a building permit application, presents a development plan to city council, substantially invests resources in building plans for one year, or gives sufficient notice of intent to develop.

Allows property owners, developers, or contractors to sue for injunctive or declaratory relief if the State or City of Chicago enforces more restrictive laws, regulations, or ordinances after any of the triggering events listed above.

Imposes a civil penalty of not less than $5,000 and up to the aggregate of additional carrying costs and reasonable attorney's fees if the plaintiff's claim is successful.

Limits the City of Chicago's home rule powers by preventing it from maintaining or enforcing ordinances inconsistent with these provisions.