5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
118 lines
7.6 KiB
Markdown
118 lines
7.6 KiB
Markdown
---
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type: "Bill"
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title: "RESIDENTIAL REAL PROPERTY HOME"
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description: "Creates the Residential Real Property Homestead Exemptions Disclosure Act. Requires the sellers of residential real property to disclose to the buyers of the property the amount of each homestead exemption that applies to the seller's ownership of the property. Sets forth the requirements and procedures for making the disclosure. Provides that a buyer may void the sales contract if the disclosure is defective. Provides that no action for a violation of the Act may be commenced more than one year after the date of the buyers occupancy or the date that the instrument of conveyance is recorded, whichever is less. Requires a copy of this Act must be included with each disclosure. Contains other provisions. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "94th"
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identifier: "HB 2462"
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citation: "Illinois HB 2462 (94th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 57
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vote_count: 3
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first_action: "2005-02-17"
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last_action: "2005-08-08"
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source: "openstates"
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source_identifier: "ocd-bill/b58ccc46-57b5-4f1a-a9c3-c597088b59bb"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2462&GAID=8&DocTypeID=HB&LegId=17527&SessionID=50&GA=94"
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source_hash: "4f8f5a8349bef8ab33ca846b462fd783efb440a57c23968f0fcd2aa4c1923a35"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 2462 (94th) — RESIDENTIAL REAL PROPERTY HOME
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Creates the Residential Real Property Homestead Exemptions Disclosure Act. Requires the sellers of residential real property to disclose to the buyers of the property the amount of each homestead exemption that applies to the seller's ownership of the property. Sets forth the requirements and procedures for making the disclosure. Provides that a buyer may void the sales contract if the disclosure is defective. Provides that no action for a violation of the Act may be commenced more than one year after the date of the buyers occupancy or the date that the instrument of conveyance is recorded, whichever is less. Requires a copy of this Act must be included with each disclosure. Contains other provisions. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400HB2462&GA=94&SessionId=50&DocTypeId=HB&LegID=17527&DocNum=2462&GAID=8&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400HB2462eng&GA=94&SessionId=50&DocTypeId=HB&LegID=17527&DocNum=2462&GAID=8&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400HB2462enr&GA=94&SessionId=50&DocTypeId=HB&LegID=17527&DocNum=2462&GAID=8&Session=&print=true)
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## Votes
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- Third Reading — **58–0** (pass) · upper
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- Concurrence, Amendment 1 — **112–0** (pass) · lower
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- Third Reading — **110–1** (pass) · lower
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## Sponsors
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- Susana A Mendoza — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2005-02-17** Filed with the Clerk by Rep. Susana A Mendoza `filing`
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- **2005-02-17** First Reading `reading-1`
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- **2005-02-17** Referred to Rules Committee `referral-committee`
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- **2005-02-18** Assigned to Revenue Committee `referral-committee`
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- **2005-03-10** House Committee Amendment No. 1 Filed with Clerk by Revenue Committee `amendment-introduction`
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- **2005-03-10** House Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote; Sub-committee `amendment-passage`
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- **2005-03-10** Do Pass as Amended / Short Debate Revenue Committee; 012-000-000 `committee-passage`
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- **2005-03-10** Placed on Calendar 2nd Reading - Short Debate
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- **2005-03-15** Second Reading - Short Debate `reading-2`
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- **2005-03-15** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2005-03-17** Added Chief Co-Sponsor Rep. Daniel J. Burke
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- **2005-03-17** Added Chief Co-Sponsor Rep. William B. Black
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- **2005-04-05** Added Chief Co-Sponsor Rep. Barbara Flynn Currie
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- **2005-04-05** Added Chief Co-Sponsor Rep. Sidney H. Mathias
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- **2005-04-05** Added Co-Sponsor Rep. Jack D. Franks
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- **2005-04-05** Added Co-Sponsor Rep. Linda Chapa LaVia
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- **2005-04-05** Added Co-Sponsor Rep. Joseph M. Lyons
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- **2005-04-05** Added Co-Sponsor Rep. Edward J. Acevedo
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- **2005-04-05** Added Co-Sponsor Rep. Maria Antonia Berrios
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- **2005-04-05** Third Reading - Short Debate - Passed 110-001-000 `reading-3, passage`
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- **2005-04-06** Arrive in Senate `introduction`
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- **2005-04-06** Placed on Calendar Order of First Reading April 7, 2005 `reading-1`
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- **2005-04-07** Added Co-Sponsor Rep. Jack McGuire
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- **2005-04-12** Chief Senate Sponsor Sen. Rickey R. Hendon
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- **2005-04-13** Added as Alternate Chief Co-Sponsor Sen. Edward D. Maloney
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- **2005-04-13** First Reading `reading-1`
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- **2005-04-13** Referred to Rules `referral-committee`
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- **2005-04-21** Assigned to Housing & Community Affairs `referral-committee`
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- **2005-05-04** Do Pass Housing & Community Affairs; 009-000-000 `committee-passage`
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- **2005-05-04** Placed on Calendar Order of 2nd Reading May 5, 2005
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- **2005-05-04** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Rickey R. Hendon `amendment-introduction`
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- **2005-05-04** Senate Floor Amendment No. 1 Referred to Rules `referral-committee`
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- **2005-05-09** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Iris Y. Martinez `amendment-introduction`
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- **2005-05-09** Senate Floor Amendment No. 2 Referred to Rules `referral-committee`
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- **2005-05-10** Second Reading `reading-2`
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- **2005-05-10** Placed on Calendar Order of 3rd Reading May 11, 2005
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- **2005-05-16** Senate Floor Amendment No. 1 Rules Refers to Housing & Community Affairs
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- **2005-05-16** Senate Floor Amendment No. 2 Rules Refers to Housing & Community Affairs
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- **2005-05-17** Senate Floor Amendment No. 1 Recommend Do Adopt Housing & Community Affairs; 009-000-000
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- **2005-05-17** Senate Floor Amendment No. 2 To Subcommittee
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- **2005-05-19** Recalled to Second Reading `reading-2`
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- **2005-05-19** Senate Floor Amendment No. 1 Adopted; Hendon `amendment-passage`
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- **2005-05-19** Placed on Calendar Order of 3rd Reading
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- **2005-05-19** Third Reading - Passed; 058-000-000 `reading-3, passage`
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- **2005-05-19** Added as Alternate Chief Co-Sponsor Sen. Mattie Hunter
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- **2005-05-19** Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
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- **2005-05-19** Arrived in House `introduction`
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- **2005-05-19** Placed on Calendar Order of Concurrence Senate Amendment(s) 1
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- **2005-05-20** Senate Floor Amendment No. 1 Motion Filed Concur Rep. Susana A Mendoza
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- **2005-05-20** Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2005-05-23** Senate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Rules Committee; 003-002-000
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- **2005-05-28** Senate Floor Amendment No. 1 House Concurs 112-000-000
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- **2005-05-28** Passed Both Houses
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- **2005-06-24** Sent to the Governor `executive-receipt`
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- **2005-08-08** Governor Approved `executive-signature`
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- **2005-08-08** Effective Date August 8, 2005
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- **2005-08-08** Public Act . . . . . . . . . 94-0489 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b58ccc46-57b5-4f1a-a9c3-c597088b59bb`. Confidence: reported (aggregated from official Illinois legislature records).
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