SB3169 - 104th General Assembly (2025-2026)

REVENUE-AFFORDABLE HOUSING
Last Action
2/10/2026 - Senate: Assigned to Revenue
Statutes Amended In Order of Appearance
30 ILCS 105/5.1038 new  
30 ILCS 105/6z-149 new  
35 ILCS 145/3  from Ch. 120, par. 481b.33
35 ILCS 145/6  from Ch. 120, par. 481b.36
35 ILCS 200/15-77 new  
Synopsis As Introduced
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.
Actions
DateChamberAction
2/02/2026SenateFiled with Secretary by Sen. Graciela Guzmán
2/02/2026SenateFirst Reading
2/02/2026SenateReferred to Assignments
2/10/2026SenateAssigned to Revenue
2/18/2026SenateAdded as Co-Sponsor Sen. David Koehler