May 19, 2023 State Capitol Report
To Be Continued …
Today was the scheduled adjournment date set at the beginning of the first year of the 103rd General Assembly. Legislative leaders wanted to appease their House and Senate members hoping for an early adjournment. The official adjournment date set by the Illinois Constitution is May 31, which always coincides with Memorial Day weekend family gatherings, graduations and weddings. Often several legislators need to miss the final days of session due to family obligations so this year, the leaders tried something different by moving the date. As of the writing of this report neither chamber has passed any appropriations or other budget related bills, so it looks like the General Assembly will be returning to Springfield next week.
Below is a highlight of Bills of Interest that your Illinois REALTORS® Legislative Team are currently involved in.
NOTE: As this report is being sent, the House and Senate remain in session.
Bills of Interest
Click the bill number to view additional information
Next Week: At-A-Glance
As of this writing, the big question is how long will the legislature BE in session next week? As always, stay tuned for updates on last minute legislation that affects the real estate industry and the state budget negotiations.