republic-os/legislation/us/states/il/103rd/hb-5502.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	REAL ESTATE-FLIPPING	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.	us/states/il	Illinois General Assembly	103rd	HB 5502	Illinois HB 5502 (103rd)	bill		enacted	Daniel Didech Ram Villivalam	4	30	4	2024-02-09	2024-07-19	openstates	ocd-bill/02894d16-94ca-441e-ac5e-1cc947b57a7c	https://beta.ilga.gov/Legislation/BillStatus?DocNum=5502&GAID=17&DocTypeID=HB&LegId=153847&SessionID=112	609083dbc4b11225ca41ef25ea012326cfb27e572d534bb358111f5f12c1d0f1	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 5502 (103rd) — REAL ESTATE-FLIPPING

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.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Introduced (filed) — source
2. Engrossed (committee substitute) — source
3. House Amendment 001 (committee substitute) — source
4. Enrolled (enrolled) — source

Votes

• Judiciary — 9–0 (pass) · lower
• Third Reading — 59–0 (pass) · lower
• Third Reading — 14–0 (pass) · lower
• Third Reading — 112–0 (pass) · lower

Sponsors

• Daniel Didech — primary (person)
• Ram Villivalam — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-02-09 Filed with the Clerk by Rep. Kevin John Olickal filing
• 2024-02-09 First Reading reading-1
• 2024-02-09 Referred to Rules Committee
• 2024-02-09 Chief Sponsor Changed to Rep. Daniel Didech
• 2024-03-12 Assigned to Judiciary - Civil Committee referral-committee
• 2024-03-18 House Committee Amendment No. 1 Filed with Clerk by Rep. Daniel Didech amendment-introduction
• 2024-03-18 House Committee Amendment No. 1 Referred to Rules Committee
• 2024-03-20 House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
• 2024-04-03 House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote amendment-passage
• 2024-04-03 Do Pass / Short Debate Judiciary - Civil Committee; 014-000-000
• 2024-04-04 Placed on Calendar 2nd Reading - Short Debate reading-2
• 2024-04-11 Second Reading - Short Debate reading-2
• 2024-04-11 Placed on Calendar Order of 3rd Reading - Short Debate
• 2024-04-17 Third Reading - Short Debate - Passed 112-000-000 passage, reading-3
• 2024-04-18 Arrive in Senate introduction
• 2024-04-18 Placed on Calendar Order of First Reading reading-1
• 2024-04-18 Chief Senate Sponsor Sen. Ram Villivalam
• 2024-04-18 First Reading reading-1
• 2024-04-18 Referred to Assignments
• 2024-04-24 Assigned to Judiciary referral-committee
• 2024-05-01 Do Pass Judiciary; 009-000-000
• 2024-05-01 Placed on Calendar Order of 2nd Reading May 2, 2024 reading-2
• 2024-05-02 Second Reading reading-2
• 2024-05-02 Placed on Calendar Order of 3rd Reading May 7, 2024
• 2024-05-16 Third Reading - Passed; 059-000-000 passage, reading-3
• 2024-05-16 Passed Both Houses
• 2024-06-13 Sent to the Governor executive-receipt
• 2024-07-19 Governor Approved executive-signature
• 2024-07-19 Effective Date January 1, 2025
• 2024-07-19 Public Act . . . . . . . . . 103-0719 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/02894d16-94ca-441e-ac5e-1cc947b57a7c. Confidence: reported (aggregated from official Illinois legislature records).