SB4062 - 104th General Assembly (2025-2026)

MUNI CD-IMPACT MITIGATION FEES
Last Action
2/19/2026 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance
65 ILCS 5/Art. 11 Div. 12.2 heading new  
65 ILCS 5/11-12.2-1 new  
65 ILCS 5/11-12.2-5 new  
65 ILCS 5/11-12.2-10 new  
65 ILCS 5/11-12.2-15 new  
65 ILCS 5/11-12.2-20 new  
65 ILCS 5/11-12.2-30 new  
65 ILCS 5/11-12.2-40 new  
65 ILCS 5/11-12.2-45 new  
65 ILCS 5/11-12.2-50 new  
65 ILCS 5/11-12.2-55 new  
65 ILCS 5/11-12.2-60 new  
65 ILCS 5/11-12.2-65 new  
Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that municipalities authorized to levy impact fees must calculate fees using the statewide formula structure issued by the Department of Commerce and Economic Opportunity. Provides that municipalities may adopt fees lower than the formula-derived levels. Provides that the Department shall issue, update annually, and make publicly available specified mandatory information to be used in the calculation of standardized impact mitigation fees. Provides that the Department shall issue a model impact fee ordinance that municipalities authorized to levy impact fees must adopt verbatim or with only technical deviations. Provides that each municipality authorized to levy impact fees must, before imposing any fee, publish a schedule identifying: (1) the formula-generated maximum fee per unit type; (2) the State-issued multipliers and assumptions used; (3) any allowable municipal adjustment factors applied; and (4) any municipal reductions adopted. Provides that municipalities authorized to levy impact fees must annually report to the Department, including: (1) fees collected; (2) fund expenditures; (3) fund balances; (4) number and type of housing units approved; and (5) any use of adjustment factors. Requires the Department to adopt rules to implement the provisions. Provides that, beginning 30 months after the effective date of the amendatory Act, any impact fee imposed on residential development must be calculated in accordance with the provisions. Limits home rule powers. Effective immediately.
Actions
DateChamberAction
2/19/2026SenateFiled with Secretary by Sen. Cristina Castro
2/19/2026SenateFirst Reading
2/19/2026SenateReferred to Assignments
3/05/2026SenateAdded as Chief Co-Sponsor Sen. Robert Peters
3/05/2026SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
3/05/2026SenateAdded as Chief Co-Sponsor Sen. David Koehler
3/05/2026SenateAdded as Chief Co-Sponsor Sen. Adriane Johnson
3/05/2026SenateAdded as Co-Sponsor Sen. Mark L. Walker
3/05/2026SenateAdded as Co-Sponsor Sen. Sara Feigenholtz
3/06/2026SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
3/11/2026SenateAdded as Co-Sponsor Sen. Laura Ellman
3/13/2026SenateSponsor Removed Sen. Laura Ellman