Illinois House Bill 4620

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 30 2024 - 25% progression
Action: 2024-04-19 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Common Interest Community Association Act. Deletes language governing procedures for the ratification of a budget if the adopted budget or any separate assessment adopted by the board would result in the sum of all regular and separate assessments payable in the current fiscal year exceeding 115% of the sum of all regular and separate assessments payable during the preceding fiscal year. Provides instead that no adopted budget or any separate assessment adopted by the board shall result in the sum of all regular and separate assessments payable in the current fiscal year exceeding 105% of the sum of all regular and separate assessments payable during the preceding fiscal year.

CICAA-ASSESSMENT INCREASES

Rep. Harry Benton [D]

Date	Chamber	Action
2024-04-19	House	Rule 19(a) / Re-referred to Rules Committee
2024-04-17	House	Held on Calendar Order of Second Reading - Short Debate
2024-04-17	House	Second Reading - Short Debate
2024-03-21	House	Placed on Calendar 2nd Reading - Short Debate
2024-03-21	House	Do Pass / Short Debate Housing; 012-005-000
2024-03-05	House	Assigned to Housing
2024-01-31	House	Referred to Rules Committee
2024-01-31	House	First Reading
2024-01-30	House	Filed with the Clerk by Rep. Harry Benton

Chapter	Article	Section	Citation Type	Statute Text
765	160	1-45	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4620&GAID=17&DocTypeID=HB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/HB/10300HB4620.htm