Lawmakers Want to Control Your Property
Details
Politicians in Springfield are effectively trying to take control of your private property. Their actions demonstrate that they want a direct say in how you manage your money. Legislators want to severely restrict property owners' authority to choose their own tenants, set their own prices, and decide how to handle their own finances.
The practical result of their regulations is that they—not the owner—are making the most important business decisions.
Regulations on the Table
Committee meetings have been packed with heavy regulations during the past month. Specifically, these bills seek to:
- Regulate security deposits and standard move-in fees.
- Restrict your ability to run credit, criminal, and eviction screenings.
- Limit how much you can increase rent.
- Give residents the first right of refusal when you sell your property.
The Clock Is Ticking
The deadline for bills to pass out of their first chamber is upon us. Consequently, these dangerous proposals are moving fast. Once they pass, the other chamber will consider them. We must act before they become law.
Join Our March 30 Update
During the Legislative Update on March 30, we will help you understand these threats and protect your business. Knowledge is your best defense against bad policy. We look forward to seeing you online.
We are stronger together. Please invite every fellow housing provider you know.
Register Now for the IRPOA Live Legislative Update
Protect your investment by staying informed. Register for the Legislative Update now!
These updates are for educational purposes only and do not constitute financial or legal advice.