Bill Sponsors: IL HB5502 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Conveyances Act. Provides that a person or entity that purchases existing residential real estate with the purpose of renovation and resale is prohibited from reselling the real estate within 6 months of purchase.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2024-07-19 - Public Act . . . . . . . . . 103-0719 [HB5502 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2024-07-19 - Public Act . . . . . . . . . 103-0719 [HB5502 Detail]
Text: Latest bill text (Chaptered) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Daniel Didech [D] | Primary | Sponsored Bills | HD-059 | FollowTheMoney | Ballotpedia | VoteSmart |
| Senator Ram Villivalam [D] | Primary | Sponsored Bills | SD-008 | FollowTheMoney | Ballotpedia | VoteSmart |
