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| 1 | AMENDMENT TO HOUSE BILL 116
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| 2 | AMENDMENT NO. ______. Amend House Bill 116 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Rent Control Preemption Act is amended by | ||||||
| 5 | changing Sections 5 and 10 as follows:
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| 6 | (50 ILCS 825/5)
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| 7 | Sec. 5. Rent control prohibited; exceptions.
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| 8 | (a) Except as provided in this Section, a A unit of local | ||||||
| 9 | government, as defined in Section 1 of Article VII of
the | ||||||
| 10 | Illinois Constitution, shall not enact, maintain, or enforce | ||||||
| 11 | an ordinance
or
resolution that would have the effect of | ||||||
| 12 | controlling the amount of rent charged
for leasing private | ||||||
| 13 | residential or commercial property.
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| 14 | (b) This Act does not impair the right of a unit of local | ||||||
| 15 | government to
manage and control residential property in which | ||||||
| 16 | the unit of local government
has a property interest.
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| 1 | (c) If a unit of local government chooses to adopt, | ||||||
| 2 | maintain, or enforce an ordinance or resolution that would | ||||||
| 3 | have the effect of controlling the amount of rent charged for | ||||||
| 4 | leasing private residential or commercial property, it shall | ||||||
| 5 | take measures to address the economic impact of such an | ||||||
| 6 | ordinance or resolution upon owner-occupied residential | ||||||
| 7 | properties of 8 or fewer units. | ||||||
| 8 | (Source: P.A. 90-313, eff. 8-1-97.)
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| 9 | (50 ILCS 825/10)
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| 10 | Sec. 10. Home rule preemption. | ||||||
| 11 | Except as provided in Section 5, a A home rule unit may not | ||||||
| 12 | regulate or
control the amount of rent charged for leasing | ||||||
| 13 | private residential or
commercial property. This Section is a | ||||||
| 14 | denial and limitation of home rule
powers and functions under | ||||||
| 15 | subsection (g) of Section 6 of Article VII of the
Illinois | ||||||
| 16 | Constitution.
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| 17 | (Source: P.A. 90-313, eff. 8-1-97.)".
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