Illinois · House Bill 5502 · 103rd General Assembly

REAL ESTATE-FLIPPING

HB 5502 Sponsored by Daniel Didech Became law

  1. Introduced Feb 9, 2024
  2. In committee Feb 9, 2024
  3. Passed the House Apr 17, 2024
  4. Passed the Senate May 16, 2024
  5. To the governor Jun 13, 2024
  6. Became law Jul 19, 2024

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Conveyances Act. Provides that a person or entity that purchases existing residential real estate with the purpose of renovation and resale is prohibited from reselling the real estate within 6 months of purchase.

Every action

30 steps, oldest first, as the legislature records them.

Show the 22 earlier steps
  1. HouseFiled with the Clerk by Rep. Kevin John Olickal
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. HouseChief Sponsor Changed to Rep. Daniel Didech
  5. CommitteeAssigned to Judiciary - Civil Committee · House Judiciary - Civil
  6. HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Daniel Didech
  7. CommitteeHouse Committee Amendment No. 1 Referred to Rules Committee · House Rules
  8. CommitteeHouse Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee · House Judiciary - Civil
  9. CommitteeHouse Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote · House Judiciary - Civil
  10. CommitteeDo Pass / Short Debate Judiciary - Civil Committee; 014-000-000 · House Judiciary - Civil
  11. HousePlaced on Calendar 2nd Reading - Short Debate
  12. HouseSecond Reading - Short Debate
  13. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  14. HouseThird Reading - Short Debate - Passed 112-000-000
  15. SenateArrive in Senate
  16. SenatePlaced on Calendar Order of First Reading
  17. SenateChief Senate Sponsor Sen. Ram Villivalam
  18. SenateFirst Reading
  19. CommitteeReferred to Assignments · Senate Assignments
  20. CommitteeAssigned to Judiciary · Senate Judiciary
  21. CommitteeDo Pass Judiciary; 009-000-000 · Senate Judiciary
  22. SenatePlaced on Calendar Order of 2nd Reading May 2, 2024
  1. SenateSecond Reading
  2. SenatePlaced on Calendar Order of 3rd Reading May 7, 2024
  3. SenateThird Reading - Passed; 059-000-000
  4. HousePassed Both Houses
  5. HouseSent to the Governor
  6. HouseGovernor Approved
  7. HouseEffective Date January 1, 2025
  8. HousePublic Act . . . . . . . . . 103-0719

Roll calls

4 recorded votes: 2 on the floor, 2 in committee. Each shows how every member voted.

Third Reading · Full House

Passed 112–0
Apr 17, 2024 · journal entry
Yes 112 No 0 Not voting 6
Democrats: 74 yes, 0 no Republicans: 38 yes, 0 no
How each member voted

Yes · 112

Absent · 1

Excused · 5

Third Reading · Full Senate

Passed 59–0
May 16, 2024 · journal entry
Yes 59 No 0
Democrats: 40 yes, 0 no Republicans: 19 yes, 0 no
How each member voted

Yes · 59

Committee and other votes

DateWhereQuestionResult
Apr 3, 2024 House Judiciary - Civil Judiciary - Civil - Do Pass As Amended
Members

Yes · 14

Not voting · 1

 Passed 14–0
Apr 30, 2024 Senate Judiciary Judiciary - Do Pass
Members

Yes · 9

 9–0

Sponsors

The member who introduced it.

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.