Illinois 2025-2026 Regular Session

Illinois House Bill HB3269 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3269 Introduced , by Rep. Camille Y. Lilly SYNOPSIS AS INTRODUCED: New Act30 ILCS 105/5.1030 new Creates the Housing Equity, Affordability, and Development Act. Provides that the Department of Revenue shall collect a fee from landlords with more than 5 units in an amount equal to 5% of the difference between their monthly rental income for a unit and $1,200, unless the rental income for the unit is less than $1,200, to be paid into the Housing Equity, Affordability, and Development Fund. The Illinois Housing Development Authority shall create a program under the Act to assist in home purchases for households whose tenant payments to the landlord have been more than 30% of their income for a period of 12 calendar months, and whose income is less than 3.33 times the median rent for their metropolitan area; or if the household does not live in a metropolitan area, 3.33 times the median rent in the closest metropolitan area. Provides that assistance shall be limited to $15,000 per household. LRB104 11069 JRC 21151 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3269 Introduced , by Rep. Camille Y. Lilly SYNOPSIS AS INTRODUCED: New Act30 ILCS 105/5.1030 new New Act 30 ILCS 105/5.1030 new Creates the Housing Equity, Affordability, and Development Act. Provides that the Department of Revenue shall collect a fee from landlords with more than 5 units in an amount equal to 5% of the difference between their monthly rental income for a unit and $1,200, unless the rental income for the unit is less than $1,200, to be paid into the Housing Equity, Affordability, and Development Fund. The Illinois Housing Development Authority shall create a program under the Act to assist in home purchases for households whose tenant payments to the landlord have been more than 30% of their income for a period of 12 calendar months, and whose income is less than 3.33 times the median rent for their metropolitan area; or if the household does not live in a metropolitan area, 3.33 times the median rent in the closest metropolitan area. Provides that assistance shall be limited to $15,000 per household. LRB104 11069 JRC 21151 b LRB104 11069 JRC 21151 b A BILL FOR
2	2	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3269 Introduced , by Rep. Camille Y. Lilly SYNOPSIS AS INTRODUCED:
3	3	New Act30 ILCS 105/5.1030 new New Act 30 ILCS 105/5.1030 new
4	4	New Act
5	5	30 ILCS 105/5.1030 new
6	6	Creates the Housing Equity, Affordability, and Development Act. Provides that the Department of Revenue shall collect a fee from landlords with more than 5 units in an amount equal to 5% of the difference between their monthly rental income for a unit and $1,200, unless the rental income for the unit is less than $1,200, to be paid into the Housing Equity, Affordability, and Development Fund. The Illinois Housing Development Authority shall create a program under the Act to assist in home purchases for households whose tenant payments to the landlord have been more than 30% of their income for a period of 12 calendar months, and whose income is less than 3.33 times the median rent for their metropolitan area; or if the household does not live in a metropolitan area, 3.33 times the median rent in the closest metropolitan area. Provides that assistance shall be limited to $15,000 per household.
7	7	LRB104 11069 JRC 21151 b LRB104 11069 JRC 21151 b
8	8	LRB104 11069 JRC 21151 b
9	9	A BILL FOR
10	10	HB3269LRB104 11069 JRC 21151 b HB3269 LRB104 11069 JRC 21151 b
11	11	HB3269 LRB104 11069 JRC 21151 b
12	12	1 AN ACT concerning housing.
13	13	2 Be it enacted by the People of the State of Illinois,
14	14	3 represented in the General Assembly:
15	15	4 Section 1. Short title. This Act may be cited as the
16	16	5 Housing Equity, Affordability, and Development Act.
17	17	6 Section 5. Definitions.
18	18	7 "Tenant payments to the landlord" means the 3-month
19	19	8 average of monthly costs paid by the tenant to the landlord or
20	20	9 agents including transaction fees, required utility fees,
21	21	10 required maintenance fees, and pet fees; and one-twelfth of
22	22	11 any move-in fees, credit check fees, application fees, or
23	23	12 other one-time fees that are applied to every tenant.
24	24	13 Section 10. Housing Equity, Affordability, and Development
25	25	14 Fund fee. The Department of Revenue shall collect a fee from
26	26	15 landlords with more than 5 units equal to 5% of the difference
27	27	16 between their monthly rental income for a unit and $1,200,
28	28	17 unless the rental income for the unit is less than $1,200, to
29	29	18 be paid into the Housing Equity, Affordability, and
30	30	19 Development Fund. The Department of Revenue may adopt rules to
31	31	20 implement this Act.
32	32	21 Section 15. Housing Independence Program. The Illinois
33	33
34	34
35	35
36	36	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3269 Introduced , by Rep. Camille Y. Lilly SYNOPSIS AS INTRODUCED:
37	37	New Act30 ILCS 105/5.1030 new New Act 30 ILCS 105/5.1030 new
38	38	New Act
39	39	30 ILCS 105/5.1030 new
40	40	Creates the Housing Equity, Affordability, and Development Act. Provides that the Department of Revenue shall collect a fee from landlords with more than 5 units in an amount equal to 5% of the difference between their monthly rental income for a unit and $1,200, unless the rental income for the unit is less than $1,200, to be paid into the Housing Equity, Affordability, and Development Fund. The Illinois Housing Development Authority shall create a program under the Act to assist in home purchases for households whose tenant payments to the landlord have been more than 30% of their income for a period of 12 calendar months, and whose income is less than 3.33 times the median rent for their metropolitan area; or if the household does not live in a metropolitan area, 3.33 times the median rent in the closest metropolitan area. Provides that assistance shall be limited to $15,000 per household.
41	41	LRB104 11069 JRC 21151 b LRB104 11069 JRC 21151 b
42	42	LRB104 11069 JRC 21151 b
43	43	A BILL FOR
44	44
45	45
46	46
47	47
48	48
49	49	New Act
50	50	30 ILCS 105/5.1030 new
51	51
52	52
53	53
54	54	LRB104 11069 JRC 21151 b
55	55
56	56
57	57
58	58
59	59
60	60
61	61
62	62
63	63
64	64	HB3269 LRB104 11069 JRC 21151 b
65	65
66	66
67	67	HB3269- 2 -LRB104 11069 JRC 21151 b HB3269 - 2 - LRB104 11069 JRC 21151 b
68	68	HB3269 - 2 - LRB104 11069 JRC 21151 b
69	69	1 Housing Development Authority shall create a program under
70	70	2 this Act to assist in home purchases for households whose
71	71	3 tenant payments to the landlord have been more than 30% of
72	72	4 their income for a period of 12 calendar months, and whose
73	73	5 income is less than 3.33 times the median rent for their
74	74	6 metropolitan area; or if the household does not live in a
75	75	7 metropolitan area, 3.33 times the median rent in the closest
76	76	8 metropolitan area. Assistance is limited to $15,000 per
77	77	9 household. The Illinois Housing Development Authority may
78	78	10 adopt rules to implement this Act.
79	79	11 Section 20. The State Finance Act is amended by adding
80	80	12 Section 5.1030 as follows:
81	81
82	82
83	83
84	84
85	85
86	86	HB3269 - 2 - LRB104 11069 JRC 21151 b