(50 ILCS 825/5)
Sec. 5.
Rent control prohibited.
(a) A unit of local government, as defined in Section 1 of Article VII of
the Illinois Constitution, shall not enact, maintain, or enforce an ordinance
or
resolution that would have the effect of controlling the amount of rent charged
for leasing private residential or commercial property.
(b) This Act does not impair the right of a unit of local government to
manage and control residential property in which the unit of local government
has a property interest.
(Source: P.A. 90-313, eff. 8-1-97.)
|