SB 742 Illinois Senate · 99th Regular Session

IHDA-RENTAL HOUSING PROGRAM

Summary
Amends the Rental Housing Support Program Act. In a provision concerning the Rental Housing Support Program, provides that the Illinois Housing Development Authority shall distribute amounts for the Program solely from annual receipts on deposit in the Rental Housing Support Program Fund that are appropriated in each year for distribution by the Authority for the Program, and not from any other source of funds for the Authority (rather than the Authority shall distribute amounts appropriated for the Program from the Rental Housing Support Program Fund and any other appropriations provided for the Program). Defines "annual receipts" to mean revenue derived from the Rental Housing Support Program State surcharge from July 1 to June 30. Provides that the Authority shall perform annual reconciliations of all distributions made in connection with the Program and may offset future distributions to balance geographic distribution requirements. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2015 Last action Jan 10, 2017
Floor votes

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Full legislative history

Actions timeline

Total actions
15
Key actions
0
Committee
6
Amendments
2
Jan 10, 2017
Senate · Failed
Session Sine Die
Oct 10, 2015
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Mar 25, 2015
Senate · Reported by committee
Do Pass as Amended Financial Institutions; 011-000-000
Mar 25, 2015
Senate · Amendment adopted
Senate Committee Amendment No. 1 Adopted
Mar 10, 2015
Senate · Reported by committee
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
Mar 5, 2015
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Assignments
Mar 5, 2015
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
Feb 11, 2015
Senate · Referred to committee
Assigned to Financial Institutions
Feb 3, 2015
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Iris Y. Martinez
Iris Y. Martinez
DDemocratic
IL
20