Richard Magnone 
Anti-Landlord Measure back on the tableIt’s back. On February 7, 2019, 31st district state Representative Mary Flowers introduced House Bill 2192 establishing the the Illinois Rent Control Act to the state legislature. I have not yet made an exhaustive review of the legislative text, but it looks shockingly similar to the second version of the bill introduced to the State Senate last summer. It’s not good and
Relief for spouse of deceased military
As 2018 came to a close, the President signed a bill known as the Veterans Benefits and Transition Act that provides federal rental relief to a serviceperson’s survivors. The provision, introduced by Illinois Congresswoman Cheri Bustos, amends the Servicemembers Civil Relief Act and provides some relief for the spouse of a deceased service person to terminate a lease. The text of the provision is as follows:
Digging a bit deeperUPDATE: These provisions track with the newly introduced (Feb 9, 2019) House Bill 2192 introduced by State Representative Mary E. Flowers. Changes in the law have been highlighted below.
Today, we will get back to making an examination of the proposed text of SB3512 (Amended 5/30/18). I want to quickly note that this bill is no longer pending before the Illinois legislature as a new legislative session began on January 9, 2019, but I would be surprised if the law was not reintroduced. In this second part of our analysis, we will break down and examine sections 15 and 20.
He’s Baaaa-aack!The 101st General Assembly began work yesterday (January 9, 2019) and on the first day in session, 309th district state representative Will Guzzardi (D) once again introduced House Bill 255 (HB0255) to repeal the Rent Control Preemption Act that prohibits the imposition of rent control laws in Illinois.
State Rate ReleasedThe folks at the Illinois IDFPR have finally issued a press release indicating the 2019 security deposit interest rate for leases of residential real property governed by the Illinois Security Deposit Interest Act which applies to lessors “of residential real property, containing 25 or more units in either a single building or a complex of buildings located on contiguous parcels of real property”.
2019 CRLTO Interest Rate SummaryThe City of Chicago has finally released the separate interest rate summary for Chicago RLTO governed leases for 2019. Remember, Chicago landlords governed by the Chicago Residential Landlord and Tenant Ordinance are required by Section 5-12-170 of the RLTO to
2019 Chicago RLTO Interest Rate Stays the SameThe City of Chicago Comptroller, Erin Keane, has released the 2019 security deposit interest rate and, as expected, the rate for leases governed by the Chicago Residential Landlord Tenant Ordinance signed in 2019 is going to be
2019 Interest Rate Sneak PeekI don’t have official word yet (keep checking back here), but I have heard from a reliable source that the 2019 Chicago interest rate on security deposits held pursuant to 5-12-081 for rental agreements covered by the Chicago RLTO executed between January 1, 2019 and December 1, 2019 will
Lake County Eviction Holiday DelayI don’t publicize it here too much because the bulk of our firm’s eviction work takes place in Cook County, but it is worth noting that the Lake County Sheriff has issued a moratorium on the enforcement of evictions beginning today,
Let’s Read this Proposed Law TogetherUPDATE: These provisions track with the newly introduced (Feb 9, 2019) House Bill 2192 introduced by State Representative Mary E. Flowers.
This post is the very first in a series of articles that will examine in detail the proposed text of SB3512 (Amended 5/30/18). Today, we will break down and examine sections 1 through 10 (really just three sections, so don’t worry, it’s not too much!).