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Bill > SB3530


IL SB3530

IL SB3530
RENT-SECURITY DEPOSITS


summary

Introduced
02/05/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Landlord and Tenant Act. Prohibits the total amount of a security deposit from exceeding the amount of the first full month's rent for the tenant's dwelling that is the primary residence of the tenant. Allows a landlord to only charge a tenant a security deposit upon the signing of an initial lease agreement. Prohibits a landlord from charging a tenant an additional security deposit or increase the total amount of a security deposit upon the renewal of a lease or upon an increase in rent. Prohibits a landlord from increasing rent by more than 3.5% in a 12-month period for a dwelling that is the primary residence of the tenant. Requires that a landlord provide a tenant with a minimum of 30 days' written notice before increasing rent. Provides that if written notice is not provided, the tenant is not liable for the difference between the initial rent and the increased rent. Provides that any person alleging a violation of these new provisions may bring a civil action, in accordance with applicable law, in any court of competent jurisdiction and the court may order injunctive relief, monetary relief, attorney's fees, and costs.

AI Summary

This bill amends the Landlord and Tenant Act to cap security deposits at the amount of one month's rent for a tenant's primary residence, prohibiting landlords from charging additional deposits upon lease renewal or rent increases, and it also limits annual rent increases to 3.5% for primary residences, requiring landlords to provide at least 30 days' written notice before any rent hike, with tenants not liable for increases if proper notice isn't given; furthermore, individuals who believe these new rules have been violated can file a civil lawsuit, and courts can order remedies like injunctions, financial compensation, and reimbursement for legal fees and costs.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Assigned to Executive (on 02/17/2026)

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