Illinois 104th Regular Session Status: In Committee 1 D cosponsors

SB 3501 — CORP OWNERSHIP REAL ESTATE

Last action — Rule 3-9(a) / Re-referred to Assignments

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 05, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill addresses corporate ownership of real estate.

This legislation focuses on the regulations surrounding how corporations can own and manage real estate. It outlines specific provisions related to corporate real estate ownership.

Bill Text

Action History

  1. Rule 3-9(a) / Re-referred to Assignments

  2. Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026

  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

  4. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

  5. Rule 2-10 Committee Deadline Established As April 24, 2026

  6. Rule 2-10 Committee Deadline Established As March 27, 2026

  7. Assigned to Executive

  8. Referred to Assignments

  9. First Reading

  10. Filed with Secretary by Sen. Rachel Ventura

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 182 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 3501?
SB 3501 is sponsored by Rachel Ventura (Democrat).
What is the current status of SB 3501?
This bill is in committee in the Senate. Introduced February 05, 2026. It must pass committee before a floor vote.
Where can I track SB 3501?
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Last checked for changes 3 months ago · updated continuously

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