IL HB2533 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Condominium Property Act. Provides that any unit owner who does not vote in favor of the sale of property has 30 days after the date of the meeting at which a sale was approved to file a written objection to the sale to the manager or board of managers. Provides that if there are any remaining reserve funds left over from the sale of the property, such reserve funds shall be returned in proportion to the unit owner's interest in the property prior to deconversion.
Title
CONDOS-SALE OF PROPERTY
Sponsors
| Rep. Jenn Ladisch Douglass [D] | Rep. Gregg Johnson [D] | Rep. Sue Scherer [D] | Rep. Abdelnasser Rashid [D] |
| Rep. Barbara Hernandez [D] | Rep. Katie Stuart [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-10 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2023-03-08 | House | To Commercial & Property Subcommittee |
| 2023-02-28 | House | Assigned to Judiciary - Civil Committee |
| 2023-02-23 | House | Added Chief Co-Sponsor Rep. Sue Scherer |
| 2023-02-23 | House | Added Chief Co-Sponsor Rep. Gregg Johnson |
| 2023-02-23 | House | Added Co-Sponsor Rep. Katie Stuart |
| 2023-02-23 | House | Added Co-Sponsor Rep. Barbara Hernández |
| 2023-02-23 | House | Added Co-Sponsor Rep. Abdelnasser Rashid |
| 2023-02-15 | House | Referred to Rules Committee |
| 2023-02-15 | House | First Reading |
| 2023-02-15 | House | Filed with the Clerk by Rep. Jenn Ladisch Douglass |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 765 | 605 | 15 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2533&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/HB/10300HB2533.htm |
