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---
type: "Bill"
title: "MUNI-PROPERTY INTEREST"
description: "Amends the Municipal Code. Changes a Section that prohibits any member of a corporate authority of a municipality that is involved in a redevelopment project from acquiring an interest in any property located in the redevelopment area either after the individual obtains knowledge of the project or after the first public notice of the project, and requires that those members who own or control an interest in property located within the redevelopment project area disclose the terms of the interest and refrain from any further official involvement or communication regarding the redevelopment plan. Changes the exception for property purchased as the member's exclusive and primary residence by eliminating the requirement that the exception only applies to property interests in a redevelopment area, or a proposed redevelopment area, that was established before December 31, 1989. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "94th"
identifier: "SB 2348"
citation: "Illinois SB 2348 (94th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 38
vote_count: 3
first_action: "2006-01-18"
last_action: "2006-07-07"
source: "openstates"
source_identifier: "ocd-bill/71b2c41b-bbc8-498e-bca8-1d36f464de59"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2348&GAID=8&DocTypeID=SB&LegId=23050&SessionID=50&GA=94"
source_hash: "bb2c21dce6540b833fd5d79fbfefc97823bd3f6a8ead12a606de667f1c17c0c9"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---
# Illinois SB 2348 (94th) — MUNI-PROPERTY INTEREST
Amends the Municipal Code. Changes a Section that prohibits any member of a corporate authority of a municipality that is involved in a redevelopment project from acquiring an interest in any property located in the redevelopment area either after the individual obtains knowledge of the project or after the first public notice of the project, and requires that those members who own or control an interest in property located within the redevelopment project area disclose the terms of the interest and refrain from any further official involvement or communication regarding the redevelopment plan. Changes the exception for property purchased as the member's exclusive and primary residence by eliminating the requirement that the exception only applies to property interests in a redevelopment area, or a proposed redevelopment area, that was established before December 31, 1989. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB2348&GA=94&SessionId=50&DocTypeId=SB&LegID=23050&DocNum=2348&GAID=8&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB2348eng&GA=94&SessionId=50&DocTypeId=SB&LegID=23050&DocNum=2348&GAID=8&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB2348enr&GA=94&SessionId=50&DocTypeId=SB&LegID=23050&DocNum=2348&GAID=8&Session=&print=true)
## Votes
- Third Reading — **9222** (pass) · lower
- Third Reading — **570** (pass) · upper
- Concurrence — **570** (pass) · upper
## Sponsors
- John J. Cullerton — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2006-01-18** Filed with Secretary by Sen. John J. Cullerton `filing`
- **2006-01-18** First Reading `reading-1`
- **2006-01-18** Referred to Rules `referral-committee`
- **2006-01-19** Assigned to Local Government `referral-committee`
- **2006-02-01** Do Pass Local Government; 009-000-000 `committee-passage`
- **2006-02-01** Placed on Calendar Order of 2nd Reading February 2, 2006
- **2006-02-02** Added as Chief Co-Sponsor Sen. Pamela J. Althoff
- **2006-02-02** Second Reading `reading-2`
- **2006-02-02** Placed on Calendar Order of 3rd Reading February 7, 2006
- **2006-02-14** Added as Chief Co-Sponsor Sen. Susan Garrett
- **2006-02-14** Third Reading - Passed; 057-000-000 `reading-3, passage`
- **2006-02-14** Arrived in House `introduction`
- **2006-02-14** Placed on Calendar Order of First Reading `reading-1`
- **2006-02-15** Chief House Sponsor Rep. Timothy L. Schmitz
- **2006-02-15** First Reading `reading-1`
- **2006-02-15** Referred to Rules Committee `referral-committee`
- **2006-03-08** Assigned to Revenue Committee `referral-committee`
- **2006-03-23** Re-assigned to Local Government Committee `referral-committee`
- **2006-03-24** Final Action Deadline Extended-9(b) April 7, 2006
- **2006-03-29** House Committee Amendment No. 1 Filed with Clerk by Local Government Committee `amendment-introduction`
- **2006-03-29** House Committee Amendment No. 1 Adopted in Local Government Committee; by Voice Vote `amendment-passage`
- **2006-03-29** Do Pass as Amended / Short Debate Local Government Committee; 008-000-000 `committee-passage`
- **2006-03-29** Placed on Calendar 2nd Reading - Short Debate
- **2006-04-03** Second Reading - Short Debate `reading-2`
- **2006-04-03** Placed on Calendar Order of 3rd Reading - Short Debate
- **2006-04-06** Third Reading - Short Debate - Passed 092-022-000 `reading-3, passage`
- **2006-04-06** Secretary's Desk - Concurrence House Amendment(s) 01
- **2006-04-06** Placed on Calendar Order of Concurrence House Amendment(s) 01-April 7, 2006
- **2006-04-06** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John J. Cullerton `filing`
- **2006-04-06** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
- **2006-04-06** House Committee Amendment No. 1 Motion to Concur Rules Referred to Local Government `referral-committee`
- **2006-04-07** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Local Government; 007-000-000
- **2006-04-11** House Committee Amendment No. 1 Senate Concurs 057-000-000
- **2006-04-11** Passed Both Houses
- **2006-05-10** Sent to the Governor `executive-receipt`
- **2006-07-07** Governor Approved `executive-signature`
- **2006-07-07** Effective Date January 1, 2007
- **2006-07-07** Public Act . . . . . . . . . 94-1013 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/71b2c41b-bbc8-498e-bca8-1d36f464de59`. Confidence: reported (aggregated from official Illinois legislature records).