(310 ILCS 130/45)
    (For Section repeal see Section 55)
    Sec. 45. Duties. The Community Land Trust Task Force shall:
        (1) implement the 2024 Community Land Trust Task
    
Force Report recommendations including, but not limited to:
            (A) exploring funding mechanisms currently
        
existing through the State as well as identifying new revenue streams including, but not limited to, bond issuance, innovation funding, real estate transfer tax, and the Illinois Affordable Housing Trust Fund;
            (B) considering the incorporation of community
        
land trusts into the local tax sale process;
            (C) exploring methods for providing technical
        
assistance support to emerging community land trusts;
            (D) evaluating different approaches to community
        
land trust centralization; and
            (E) ensuring statewide use of existing tax
        
assessment language and adjusting policy to ease burdens on community land trusts and community land trust owners;
        (2) study the use of community land trusts as a tool
    
to create permanently affordable housing, including as an alternative to property tax sales;
        (3) increase the number of State grants for
    
organizational capacity-building and housing development, with spending rules tailored to the needs of community land trusts and the size of community land trust projects;
        (4) promote innovative sources of dedicated funding
    
and property for community land trusts;
        (5) leverage rising industry and catalytic projects
    
to generate revenue for lasting affordable housing; and
        (6) encourage partnerships between community land
    
trusts and land banks.
(Source: P.A. 104-370, eff. 8-15-25.)