State legislative update (8-10-15)
State legislative update (8-10-15)
The legislative beat goes on! Illinois is now into its 6th week of the 2016 Fiscal Year without a state budget. In the meantime, because a court has ruled that state workers can continue to be paid their salaries and because legislation is advancing to allow federal funds to pass through state agencies, key pressure points for resolving this standoff have been removed. It is uncertain when the partisan political stalemate will end and it could drag into the fall months.
Throughout the summer, the legislature has remained in what House Speaker Michael Madigan and Senate President John Cullerton are calling “continuous sessions”. The House has convened weekly for Committee of the Whole (all legislators are on committee) hearings on topics ranging from workers compensation to a statewide property tax freeze to the effects of a Fiscal Year 2016 budget not being in place. The Senate has convened several two-day sessions, with the agenda similar to the House. Both chambers have also voted on some emergency “stopgap” budget measures; all votes taken on these bills and the issues mentioned above have been divided along partisan lines. The governor has continued to insist that he will negotiate on the full budget with the Democratic leaders, if they include substantive items from his “Turnaround Agenda,” such as workers compensation reform, term limits for legislators, a property tax freeze, tort reform, and a new method of redistricting. The Democrats claim that they have passed versions of these bills (workers comp in both chambers) or have brought some of these issues to a vote and that they have subsequently been defeated (property tax freeze bills in the House). A Senate version of a two-year property tax freeze (Senate Bill 318) is expected to be voted on in the House this week.
We have been monitoring the proceedings on behalf of CAA, but at this time, no substantive bills affecting landlords have been considered during these special legislative sessions. The governor has, however, signed a few bills of interest to our members.
Security Deposits
Elevator Safety
Homestead Exemptions
While this legislation in general does not apply to multifamily apartment buildings, it would help CAA members who own and manage single family rental properties and inherit past improper homestead exemptions to have them removed from property tax records. CAA supported this bill which was signed by the governor and became Public Act 99-164.