(a) A unit of local government, as defined in Section 1 of Article VII of the Illinois Constitution, shall not enact, maintain, or enforce an ordinance or resolution that would have the effect of controlling the amount of rent charged for leasing private residential or commercial property. (b) This Act does not impair the right of a unit of local government to manage and control residential property in which the unit of local government has a property interest.
50 ILCS 825/5
Rent control prohibited
Known as the Rent Control Preemption Act
The act spans §§ 50-825-1 to 50-825-99 (4 sections).
P.A. 90-313, eff. 8-1-97.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.