IllinoisSB3931104th General Assembly (2025–2026)Senate

REVENUE-REINTEGRATION FUND

Sponsored By: Paul Faraci (Democratic)

In Committee

Summary

Amends the State Finance Act. Creates the Community Housing Reintegration Fund. Provides that moneys in the Fund may be used to provide housing-related costs for eligible persons who are either (i) transitioning out of congregate long-term care settings into less restrictive independent and community-based housing or (ii) facing impending placement in a congregate long-term care facility due to lack of affordable accessible housing. Amends the Property Tax Code. Increases the real estate transfer tax from $0.50 per $500 of valuation to $0.75 per $500 in valuation. Provides that a portion of the proceeds from the real estate transfer tax shall be deposited into the Community Housing Reintegration Fund. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Paul Faraci

    Democratic • Senate

Cosponsors

  • Adriane L. Johnson

    Democratic • Senate

  • Christopher Belt

    Democratic • Senate

  • Graciela Guzmán

    Democratic • Senate

  • Laura M. Murphy

    Democratic • Senate

  • Mattie Hunter

    Democratic • Senate

  • Meg Loughran Cappel

    Democratic • Senate

  • Mike Porfirio

    Democratic • Senate

  • Mike Simmons

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Mike Simmons

    3/6/2026Senate
  2. Added as Co-Sponsor Sen. Adriane L. Johnson

    3/3/2026Senate
  3. Added as Co-Sponsor Sen. Mike Porfirio

    2/26/2026Senate
  4. Added as Co-Sponsor Sen. Mattie Hunter

    2/26/2026Senate
  5. Added as Chief Co-Sponsor Sen. Christopher Belt

    2/26/2026Senate
  6. Added as Co-Sponsor Sen. Meg Loughran Cappel

    2/20/2026Senate
  7. Added as Co-Sponsor Sen. Laura M. Murphy

    2/20/2026Senate
  8. Added as Chief Co-Sponsor Sen. Graciela Guzmán

    2/19/2026Senate
  9. Referred to Assignments

    2/6/2026Senate
  10. First Reading

    2/6/2026Senate
  11. Filed with Secretary by Sen. Paul Faraci

    2/6/2026Senate

Bill Text

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