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HB 5745 Illinois House · 104th Regular Session

$DCEO-COMMUNITY DESK

Summary
Appropriates the sum of $7,500,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Community Desk Chicago to support commercial real estate projects collectively owned by local residents and small businesses through a shared ownership model. Effective July 1, 2026.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $7.5M to fund commercial real estate projects for residents and small businesses, directly strengthening fiscal management of public funds.95% confidence ✓ HousingSupports HousingBill funds a shared ownership model for commercial real estate, directly supporting housing development and community asset building.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2026
Committee Review
Floor Vote
Governor
Introduced Apr 15, 2026 Last action May 25, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Apr 15, 2026
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Justin Slaughter
Justin Slaughter
DDemocratic
IL
27
Co
Photo of La Shawn Ford
La Shawn Ford
DDemocratic
IL
8