summary
Introduced
02/06/2025
02/06/2025
In Committee
04/11/2025
04/11/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Creates the Rental Fee Transparency and Fairness Act. Provides that unless otherwise allowed under the Act, a landlord's agent may not impose any fee on, or collect any fee from, a tenant related to the rental of residential real property, and any real estate salesperson or real estate broker who publishes a listing for a rental of residential real property with the permission or authorization of the landlord for the property may not impose any fee on, or collect any fee from, a tenant related to the rental of the listed property. Prohibits a person conditioning the rental of residential property on a tenant engaging any agent. Provides that all fees to be paid by a tenant be explicitly contained in the first page of a lease agreement and the itemized disclosure of the fees must include a short description of them. Provides that a tenant is not liable for any fees not so disclosed. Prohibits a lease from containing a clause that: (i) assigns a late fee (not to exceed $25) for the late payment of rent if payment occurs within 7 days of the required date of payment although a lease may provide for a grace period longer than 7 days; (ii) assigns to a tenant an administrative fee for the renewal of a lease agreement; (iii) assigns to a tenant a fee for the modification of a lease; (iv) assigns to a tenant a fee for contacting the building owner or the property manager; (v) assigns to a tenant a fee or penalty for an eviction notice or an eviction action; and (vi) assigns a fee to a tenant for pet occupancy for the duration of the lease. Makes other changes. Provides that the changes to residential lease applies to all lease agreements entered into after the effective date of the Act. Preempts home rule.
AI Summary
This bill, known as the Rental Fee Transparency and Fairness Act, aims to protect tenants from excessive and hidden fees in residential rental properties. The legislation prohibits landlords' agents and real estate professionals from imposing fees on tenants related to rental properties, and prevents property owners from requiring tenants to engage an agent as a condition of rental. The bill mandates that all fees must be explicitly listed on the first page of a lease agreement with a short description, and tenants are not liable for any fees not disclosed in this manner. Specifically, the bill restricts landlords from charging certain fees, including administrative fees for lease renewal, modification fees, fees for contacting property managers, eviction-related fees, and pet occupancy fees. Additionally, the bill limits security deposits to no more than one month's rent and allows tenants to pay one-time fees in installments based on the length of their lease term. Landlords cannot charge interest or additional costs for installment payments. The bill provides enforcement mechanisms through the Consumer Fraud and Deceptive Business Practices Act, allowing tenants to bring civil actions and potentially receive compensatory, injunctive, and declaratory relief. These provisions apply to all lease agreements entered into after the Act's effective date, with the goal of creating more transparent and fair rental practices.
Committee Categories
Justice
Sponsors (1)
Last Action
Rule 3-9(a) / Re-referred to Assignments (on 04/11/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1964&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1964.htm |
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