Illinois 2023-2024 Regular Session

Illinois House Bill HB2358

Introduced
2/14/23  
Introduced
2/14/23  

Caption

RENTAL HOUSING SUPPORT FEE

Impact

The newly established Illinois Rental Housing Support Program Funding Allocation Task Force will be responsible for studying and recommending how to equitably distribute rental housing support funds throughout the state. This initiative is especially pertinent given recent census data, which will influence the allocation of funds based on the needs of various geographic areas. As such, the bill aims to ensure that local administering agencies are prioritized based on where funds are collected, potentially creating a more effective support system for local housing needs.

Summary

House Bill 2358, introduced by Rep. Curtis J. Tarver, II, amends the Counties Code and the Rental Housing Support Program Act in Illinois. The bill significantly increases the State surcharge on real-estate related documents that county recorders must collect, raising the fee from $9 to $18. This change is aimed at providing additional funding for the Rental Housing Support Program. Alongside the increased surcharge, HB2358 also allows counties to charge higher fees when recording documents related to real estate, thus generating additional revenue to support local housing initiatives.

Contention

Notable points of contention surrounding HB2358 stem from the juggling of increased fees and the need for transparency in the management of collected funds. Advocates argue that the increased fees on real estate documents are a necessary step towards more robust rental assistance programs, while critics may voice concerns about the financial burden placed on homeowners and the potential for misuse or misallocation of the funds. The effectiveness of the Task Force in addressing local needs while managing the distribution of funds remains a focal point for further debate.

Companion Bills

No companion bills found.

Previously Filed As

IL HB1420

Relating To Supportive Housing.

IL HB1420

Relating To Supportive Housing.

IL AB2146

An act to add Sections 50199.26, 50199.27, 50675.15.5, and 50675.15.7 to, and to add Chapter 20 (commencing with Section 50899.8.1) to Part 2 of Division 31 of, the Health and Safety Code, and to add Sections 5849.8.5 and 5849.8.7 to the Welfare and Institutions Code, relating to housing.

IL H1131

Affordable Housing and Supportive Services for Persons with Developmental Disabilities

IL HB1131

Affordable Housing and Supportive Services for Persons with Developmental Disabilities:

IL SB973

Relating to publicly supported housing; and prescribing an effective date.

IL S07995

Authorizes the county of Ulster to establish an affordable housing fund to provide financial assistance to first-time homebuyers, production of affordable housing, emergency housing, or supportive housing for sale or rent, rehabilitation of existing buildings for conversion to affordable housing, emergency housing, or supportive housing, acquisition of interests in real property in existing housing units, and the provision of housing counseling services.

IL SB3703

PROPERTY RECORDS-HOUSING

IL HB5615

PROPERTY RECORDS-HOUSING

IL HF1946

Supportive housing provisions modified.

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