# Illinois SB3703: PROPERTY RECORDS-HOUSING

Illinois SB3703, PROPERTY RECORDS-HOUSING, is a 104th General Assembly (2025–2026) Senate bill sponsored by Graciela Guzmán (Democratic); status in committee, last action 2026-05-19 (Added as Co-Sponsor Sen. David Koehler) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB3703-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB3703
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PROPERTY RECORDS-HOUSING
- Status: in committee
- Chamber: Senate
- Introduced: 2026-02-05
- Last action: 2026-05-19, Added as Co-Sponsor Sen. David Koehler
- Sponsor: Graciela Guzmán (Democratic)
- Cosponsors: 5
- Subjects: assignments
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Specifies that the amendatory Act may be referred to as the Affordability Crisis in Housing Act. Amends the Financial Institutions Act. Requires that the Department of Financial and Professional Regulation establish, maintain, and publish on its website a registry of nominees of mortgagees. Amends the Counties Code. Requires each county board to adopt revisions to its predictable fee schedule to include an additional $150 fee for a nominee of a mortgagee to record a mortgage, including an assignment, extension, amendment, or subordination, beginning no later than one year after the effective date of the amendatory Act. Creates an exception for the recording of a release of mortgage by the nominee of the mortgagee. Provides that of the additional $150, $120 is to be collected by the county as an additional Rental Housing Support Program State surcharge and deposited into the Rental Housing Support Program Fund, and $30 is to be collected by the county as a county fee with $25 to be used by the county for development and maintenance of its affordable housing capacity and $5 to be deposited into the recorder's special funds created to defray the cost of providing electronic or automated access to the county's property records. Amends the Code of Civil Procedure. Provides that a lien is not created if a nominee of a mortgagee fails to provide the recorder with the cover sheet required to accompany a mortgage under the Conveyances Act. Amends the Conveyances Act. Requires that all mortgages or assignments of mortgage recorded by or for a nominee must be recorded with a cover sheet explaining any fees that are charged, the identity of the nominee of the mortgagee, and the process that may be used by the mortgagor to track the mortgage.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Graciela Guzmán (Democratic), Senate
- Cosponsor: Adriane L. Johnson (Democratic), Senate
- Cosponsor: Bill Cunningham (Democratic), Senate
- Cosponsor: David Koehler (Democratic), Senate
- Cosponsor: Javier L. Cervantes (Democratic), Senate
- Cosponsor: Mary Edly-Allen (Democratic), Senate

## Actions (8)

- 2026-05-19: Added as Co-Sponsor Sen. David Koehler (Senate)
- 2026-05-18: Added as Co-Sponsor Sen. Adriane L. Johnson (Senate)
- 2026-05-14: Added as Co-Sponsor Sen. Javier L. Cervantes (Senate)
- 2026-05-14: Added as Co-Sponsor Sen. Mary Edly-Allen (Senate)
- 2026-05-14: Added as Co-Sponsor Sen. Bill Cunningham (Senate)
- 2026-02-05: Referred to Assignments (Senate)
- 2026-02-05: First Reading (Senate)
- 2026-02-05: Filed with Secretary by Sen. Graciela Guzmán (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3703.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3703.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-SB3703-2025-2026 (as of 2026-11-01).