IL HB5110 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-08 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Condominium Property Act. Provides that a majority of unit owners or not less than 85% (rather than 75%) of unit owners where the property contains 4 or more units may, by affirmative vote at a meeting of unit owners, elect to sell the property.

Tracking Information

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Title

CONDOS-SALE OF PROPERTY

Sponsors


History

DateChamberAction
2024-02-08HouseReferred to Rules Committee
2024-02-08HouseFirst Reading
2024-02-08HouseFiled with the Clerk by Rep. Daniel Didech

Code Citations

ChapterArticleSectionCitation TypeStatute Text
76560515Amended CodeCitation Text

Illinois State Sources


Bill Comments

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