IL HB2721 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 14 2019 - 25% progression, died in committee
Action: 2019-03-29 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Common Interest Community Association Act and the Condominium Property Act. Provides that in the event of any resale of a unit by a member or unit owner other than the developer, the board of directors or managers shall make available for inspection to the prospective purchaser, among other things, a copy of the most recent independent professional reserve study obtained by the association for the property or a statement that the association has not obtained such a study within the last 7 years.

Tracking Information

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Title

CONDO/HOA-RESALE-RESERVE STUDY

Sponsors


History

DateChamberAction
2019-03-29HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2019-03-29HouseRule 19(a) / Re-referred to Rules Committee
2019-03-06HouseHouse Committee Amendment No. 1 To Civil Procedure Subcommittee
2019-03-05HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
2019-02-27HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2019-02-27HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Jennifer Gong-Gershowitz
2019-02-27HouseTo Civil Procedure Subcommittee
2019-02-26HouseAssigned to Judiciary - Civil Committee
2019-02-14HouseReferred to Rules Committee
2019-02-14HouseFirst Reading
2019-02-14HouseFiled with the Clerk by Rep. Jennifer Gong-Gershowitz

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7651601-35Amended CodeCitation Text
76560518.5Amended CodeCitation Text
76560522.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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