IllinoisSB3169104th General Assembly (2025–2026)Senate

REVENUE-AFFORDABLE HOUSING

Sponsored By: Graciela Guzmán (Democratic)

In Committee

Summary

Amends the Hotel Operators' Occupation Tax Act. Imposes a tax upon hosting platforms that facilitate the renting, leasing, or letting of short-term rentals. Provides that the tax is imposed at the rate of 4% of 94% of the gross rental receipts received by the platform from the renting, leasing, or letting of short-term rentals in this State. Provides that the proceeds from the tax shall be deposited into the Community Land Trust Fund. Amends the State Finance Act to create the Community Land Trust Fund. Amends the Property Tax Code. Provides that property that is owned by a non-profit community land trust and that is used exclusively for the creation and maintenance of permanently affordable single-family or multifamily residences is exempt beginning with the taxable year in which the property is acquired by the community land trust and continuing through the taxable year in which the property is sold to a homeowner. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Graciela Guzmán

    Democratic • Senate

Cosponsors

  • Cristina Castro

    Democratic • Senate

  • David Koehler

    Democratic • Senate

  • Laura Fine

    Democratic • Senate

  • Mark L. Walker

    Democratic • Senate

  • Mattie Hunter

    Democratic • Senate

  • Mike Simmons

    Democratic • Senate

  • Napoleon Harris III

    Democratic • Senate

  • Rachel Ventura

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Senate Committee Amendment No. 3 Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  2. Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  3. Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  4. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  5. Added as Co-Sponsor Sen. Mike Simmons

    5/20/2026Senate
  6. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  7. Senate Committee Amendment No. 3 Assignments Refers to Revenue

    5/5/2026Senate
  8. Senate Committee Amendment No. 3 Referred to Assignments

    4/29/2026Senate
  9. Senate Committee Amendment No. 3 Filed with Secretary by Sen. Graciela Guzmán

    4/29/2026Senate
  10. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  11. Added as Co-Sponsor Sen. Napoleon Harris III

    4/16/2026Senate
  12. Senate Committee Amendment No. 2 Assignments Refers to Revenue

    4/14/2026Senate
  13. Senate Committee Amendment No. 2 Referred to Assignments

    4/6/2026Senate
  14. Senate Committee Amendment No. 2 Filed with Secretary by Sen. Graciela Guzmán

    4/6/2026Senate
  15. Added as Co-Sponsor Sen. Cristina Castro

    3/26/2026Senate
  16. Added as Co-Sponsor Sen. Mattie Hunter

    3/26/2026Senate
  17. Added as Co-Sponsor Sen. Laura Fine

    3/25/2026Senate
  18. Added as Co-Sponsor Sen. Mark L. Walker

    3/25/2026Senate
  19. Added as Co-Sponsor Sen. Rachel Ventura

    3/25/2026Senate
  20. Senate Committee Amendment No. 1 Assignments Refers to Revenue

    3/25/2026Senate
  21. Senate Committee Amendment No. 1 Referred to Assignments

    3/24/2026Senate
  22. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Graciela Guzmán

    3/24/2026Senate
  23. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  24. Added as Co-Sponsor Sen. David Koehler

    2/18/2026Senate
  25. Assigned to Revenue

    2/10/2026Senate

Bill Text

  • Introduced

  • Senate Amendment 1

  • Senate Amendment 2

  • Senate Amendment 3

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