IHDA-RENTAL HOUSING PROGRAM House SponsorsRep. Arthur Turner Senate Sponsors(Sen. Iris Y. Martinez-Pamela J. Althoff) 7/22/2015HousePublic Act . . . . . . . . . 99-0097 310 ILCS 105/7310 ILCS 105/10310 ILCS 105/25 Amends the Rental Housing Support Program Act. In a provision concerning the Rental Housing Support Program, provides that the Illinois Housing Development Authority shall distribute amounts for the Program solely from annual receipts on deposit in the Rental Housing Support Program Fund that are appropriated in each year for distribution by the Authority for the Program, and not from any other source of funds for the Authority (rather than the Authority shall distribute amounts appropriated for the Program from the Rental Housing Support Program Fund and any other appropriations provided for the Program). Defines "annual receipts" to mean revenue derived from the Rental Housing Support Program State surcharge from July 1 to June 30. Provides that the Authority shall perform annual reconciliations of all distributions made in connection with the Program and may offset future distributions to balance geographic distribution requirements. Effective immediately.House Floor Amendment No. 1 Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill, but with the following changes: In a provision requiring the Authority to distribute amounts for the Rental Housing Support Program solely from annual receipts on deposit in the Rental Housing Support Program Fund, provides: (i) that a proportionate share of annual receipts on deposit appropriated to the Fund each year (rather than a proportionate share of annual receipts) shall be distributed to municipalities with a population greater than 2,000,000; (ii) that of the remaining annual receipts on deposit appropriated to the Fund each year (rather than of the remaining annual receipts) the Authority shall designate at least 10% in areas of the State not covered as specified under the Rental Housing Support Program Act; and (iii) that the remaining annual receipts on deposit appropriated to the Fund each year (rather than the remaining annual receipts) after the distributions in the previous provisions shall be distributed in areas of the State not covered as specified under the Act. Provides that in order to plan for periodic fluctuations in annual receipts on deposit appropriated to the Fund each year (rather than for periodic fluctuations in annual receipts), the Authority shall establish by rule a mechanism for establishing a reserve fund and the level of funding that shall be held in reserve either by the Authority or by local administering agencies. Effective immediately. 2/4/2015HouseFiled with the Clerk by Rep. Arthur Turner 2/4/2015HouseFirst Reading 2/4/2015HouseReferred to Rules Committee 2/17/2015HouseAssigned to Economic Development & Housing Committee 2/26/2015HouseDo Pass / Short Debate Economic Development & Housing Committee; 011-000-000 2/26/2015HousePlaced on Calendar 2nd Reading - Short Debate 3/5/2015HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Arthur Turner 3/5/2015HouseHouse Floor Amendment No. 1 Referred to Rules Committee 3/10/2015HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000 3/12/2015HouseSecond Reading - Short Debate 3/12/2015HouseHouse Floor Amendment No. 1 Adopted 3/12/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/17/2015HouseThird Reading - Short Debate - Passed 112-000-000 3/18/2015SenateArrive in Senate 3/18/2015SenatePlaced on Calendar Order of First Reading 3/18/2015SenateChief Senate Sponsor Sen. Iris Y. Martinez 3/18/2015SenateFirst Reading 3/18/2015SenateReferred to Assignments 3/24/2015SenateAdded as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff 4/8/2015SenateApproved for Consideration Assignments 4/8/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015 5/19/2015SenateSecond Reading 5/19/2015SenatePlaced on Calendar Order of 3rd Reading May 20, 2015 5/21/2015SenateThird Reading - Passed; 057-000-000 5/21/2015HousePassed Both Houses 6/19/2015HouseSent to the Governor 7/22/2015HouseGovernor Approved 7/22/2015HouseEffective Date July 22, 2015 7/22/2015HousePublic Act . . . . . . . . . 99-0097