IllinoisHB2663104th General Assembly (2025–2026)House

SHORT-TERM RENTAL TAX ACT

Sponsored By: Marcus C. Evans, Jr. (Democratic)

In Committee

Summary

Creates the Short-Term Rental Occupation Tax Act. Imposes taxes upon short-term rental transactions facilitated by a hosting platform. Provides that one tax is imposed at the rate of 5% of 94% of the gross rental receipts from the transaction. Provides that an additional tax is imposed at the rate of 1% of 94% of the gross rental receipts from the transaction. Provides that operators of short-term rentals shall obtain a business license from the Department of Revenue. Amends the Hotel Operators' Occupation Tax Act. Provides that re-renters of hotel rooms who meet certain criteria related to gross receipts or number of transactions are required to collect and remit the tax under the Act. Amends the Counties Code and the Illinois Municipal Code to make conforming changes. Effective January 1, 2026.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Marcus C. Evans, Jr.

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. To Tax Policy: Sales Tax Subcommittee

    3/6/2025House
  3. Assigned to Revenue & Finance Committee

    3/4/2025House
  4. Referred to Rules Committee

    2/6/2025House
  5. First Reading

    2/6/2025House
  6. Filed with the Clerk by Rep. Marcus C. Evans, Jr.

    2/4/2025House

Bill Text

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