Illinois Senate Bill 2848 (Prior Session Legislation)

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January 8 2013 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Condominium Property Act. Provides that once a condominium association has at least one member other than the developer, condominium instruments shall be amended only, unless the Act provides otherwise (rather than not allowing for an exception), by: (i) an affirmative vote of two-thirds of those voting or by a majority vote margin specified by the condominium instruments, provided that the specified majority vote margin may not exceed a three-quarters vote of all unit owners; and (ii) any required mortgagee's approval. Deletes provisions which state, unless the Act provides otherwise, that: (i) no condominium instrument shall require more than a three-quarters vote of unit owners to amend the bylaws, unless the property's declaration is recorded on or after July 1, 1984; and (ii) no condominium instrument amendment shall change: any unit boundaries; a unit's interest in the common elements; the number of votes in the unit owners' association; or a unit's liability for common expenses.

CONDO INSTRUMENTS-AMEND REQ

Sen Heather Steans

Date	Chamber	Action
2013-01-08	Senate	Session Sine Die
2012-03-30	Senate	Rule 3-9(a) / Re-referred to Assignments
2012-03-09	Senate	Rule 2-10 Committee Deadline Established As March 30, 2012
2012-02-07	Senate	To Judiciary Subcommittee on Property and Environment
2012-01-31	Senate	Assigned to Judiciary
2012-01-24	Senate	Referred to Assignments
2012-01-24	Senate	First Reading
2012-01-24	Senate	Filed with Secretary by Sen. Heather A. Steans

Chapter	Article	Section	Citation Type	Statute Text
765	605	27	Amended Code	Citation Text

Type	Source
Summary	http://www.ilga.gov/legislation/BillStatus.asp?DocNum=2848&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	http://www.ilga.gov/legislation/97/SB/09700SB2848.htm