Of the more than 6,000 bills introduced by the Illinois House and Senate during the Spring Session, 188 have been identified this week as potentially affecting the rights of Illinois REALTORS® and property owners in the state, according to this week’s Illinois State Capitol Report (members only).
The Illinois REALTORS® Governmental Affairs team is continuing its review process, while monitoring the development of a state budget in the wake of Governor Bruce Rauner’s 2017 Budget Address.
Members can login and read more in the Illinois State Capitol Report.
Greg St. Aubin, Senior Vice President, Governmental Affairs, continues his review of bills late Friday afternoon.
Even after midday totals exceeded 5,500, members of the Illinois House and Senate continued to introduce bills for consideration by colleagues Friday — the deadline for submission.
Meanwhile, members of the Illinois REALTORS® Governmental Affairs combed through the bills to see if any will affect the rights of members and/or private property owners. For the latest news on bills that have already been flagged, read today’s State Capitol Report.
Illinois REALTORS® can login and read this week’s State Capitol Report for a quick recap of the final days of Illinois’ 99th General Assembly and the opening days of the 100th General Assembly, including the return of four incumbent REALTORS® and the introduction of one newcomer.
The incumbent REALTORS® include: State Sen. Bill Brady (44th Senate District), Rep. Sam Yingling (62nd House District), Rep. Keith Sommer (88th) and Rep. Mark Batinick (97th). Rep. Tony McCombie (71st) is the latest REALTOR® to be elected to the General Assembly.
Brady is the co-founder and owner of: RE/MAX Choice in Champaign and Bloomington; RE/MAX 1st Choice in Palm Beach Gardens, Florida; Brady Property Management; True Clean Restoration; and Illinois Title Group. Also, he is the co-founder of Brady Realtors in Clinton and Lincoln as well as Brady Homes. He has served as the senator of the 44th District since 2002. He ran unopposed in 2016.
Sommer first served as a representative for District 89 in 1998 and was reelected in 2000. He won five consecutive terms as representative for District 106, then won three consecutive terms for District 88.
Yingling is part of a family owned business, New Century Real Estate in Round Lake. He began serving his district in 2012 and won reelection in 2014 and 2016. Prior to that, he served as Avon Township supervisor in Lake County.
Batinick was first elected to represent the 97th District in 2014 and won reelection in November 2016 when he ran unopposed. He is a broker associate for RE/MAX Professionals Select in Naperville.
McCombie is a broker for Mel Foster Co. in Savanna and the owner of Blue Appraisals, LLC, a real estate company that serves clients in Illinois and Iowa. She has been the mayor of Savanna, a small town in northwestern Illinois along the Mississippi River. Prior to that, she served on the Savanna City Council.
Illinois REALTORS® oppose a change to the Residential Real Property Disclosure Act (Senate Bill 168) and support the extension of the Affordable Housing Tax Credit (Senate Bill 2921) to Dec. 31, 2021, according to the latest State Capitol Report (login required). The tax credit is due to expire at the end of 2016.
The Illinois General Assembly considered these bills and more last week in Springfield before adjourning for the Thanksgiving holiday. State senators and representatives are due back in session Tuesday, Nov. 29. In addition to monitoring these two bills, the association has taken a neutral stance on three other pieces of legislation discussed last week:
- two amendments for Senate Bill 2566 – one extending the fee for the Abandoned Residential Property Municipality Relief Fund to Jan. 1 2018 and the other extending it to Jan. 1, 2020;
- the addition of eight provisions to the Special Services Area Tax Law in the City of Chicago through House Bill 1384; and
- extending the life of a tax increment financing district in the village of Milledgeville through Senate Bill 3451.
For more details on these bills, a proposed constitutional amendment limiting terms of office for members of the General Assembly and statewide executive offices, and action regarding three bills vetoed in the Spring Session by Gov. Bruce Rauner, read the Nov. 18 State Capitol Report by Julie Sullivan, assistant director, legislative and political affairs.
The General Assembly was in session Wednesday and Thursday this week, concluding with passage of an agreed budget package which will provide a stopgap budget to the end of the calendar year.
The General Assembly also approved SB 2562, an omnibus bill that extends the term of various Tax Increment Financing (TIF) Districts around the state and creates a new transit-oriented TIF in Chicago. TIFs are important economic development tools that are used in municipalities statewide.
The General Assembly tackled the issue of funding the Chicago Teachers’ pension fund by including the reestablishment of an annual property tax levy for the Chicago Public Schools dedicated to the pension fund (SB 318). The levy is capped at a rate of 0.383 percent.
The fall session dates were announced: Nov. 15-17 and Nov. 29-Dec. 1.
The July 1, 2016 issue of State Capitol Report provides additional information on these issues.
Also of note: NAR’s Call for Action, asking the United States Senate to pass H.R. 3700/S. 3083 will remain open until the Senate adjourns for its summer recess on or about July 15, 2016. PLEASE RESPOND TO THIS IMPORTANT CALL FOR ACTION!