Bill Status of SB 1996   104th General Assembly


Short Description:  PREVENT RENTAL PRICE FIXING

Senate Sponsors
Sen. Graciela Guzmán

Last Action  View All Actions

DateChamber Action
  4/11/2025SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
New Act
815 ILCS 505/2HHHH new

Synopsis As Introduced
Creates the Preventing Algorithmic Rent Fixing in the Rental Housing Market Act. Provides that a real estate lessor, or any agent or subcontractor of a real estate lessor, shall not subscribe to, contract with, or otherwise exchange anything of value in return for the services of a real estate service provider. Provides that a real estate service provider shall not facilitate an agreement to not compete between real estate lessors with respect to residential dwelling units. Provides that a violation of the provisions of the Act is an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. Provides for a private right of action. Amends the Consumer Fraud and Deceptive Business Practices Act to make a conforming change.

Actions 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Graciela Guzmán
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  3/12/2025SenateAssigned to Executive
  3/19/2025SenateTo AI and Social Media
  3/21/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4/11/2025SenateRule 3-9(a) / Re-referred to Assignments

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