Bill > SB3476

This bill amends the Landlord and Tenant Act, a set of laws governing the relationship between property owners and those who rent or lease their properties, by adding a new section that defines the term "rent." Under this proposed change, "rent" will specifically mean any money or other form of payment or benefit provided in exchange for the right to use, possess, or occupy a property. This clarification aims to ensure a clear and consistent understanding of what constitutes rent within the context of landlord-tenant agreements in Illinois.

https://www.ilga.gov/Legislation/BillStatus?DocNum=3476&GAID=18&DocTypeID=SB&SessionID=114&GA=104