· IL legislature · 104th

HOME EQUITY-FLOOD REBATE

Amends the Home Equity Assurance Act. Provides that a governing commission may establish a program to provide a one-time per household direct relief payment in the form of a rebate to a member who owns a residence that is subject to flood damage. Provides that the governing commission may establish a limit on the am…

Sponsor

Mike Porfirio (D-IL)

Introduced

2026-02-06

Policy area

Housing and Community Development

Latest action

Placed on Calendar Order of 3rd Reading March 12, 2026