IL SB3434 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 18 2022 - 25% progression, died in committee
Action: 2022-02-18 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Common Interest Community Association Act and the Condominium Property Act. Beginning in 2023, requires all common interest community association board members and all members of a condominium board of managers to complete, at least annually, a training program that educates the member in the member's role and fiduciary responsibilities as a member of the board. Requires the Department of Financial and Professional Regulation to produce a model training program and make it available online to the public at no cost. Allows the Department to offer training seminars at a reasonable fee. Effective immediately.

Tracking Information

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Title

DFPR-HOA/CONDO BOARD TRAINING

Sponsors


History

DateChamberAction
2022-02-18SenateRule 3-9(a) / Re-referred to Assignments
2022-02-10SenateRule 2-10 Committee Deadline Established As February 18, 2022
2022-02-07SenateTo Judiciary- Property Law
2022-01-26SenateAssigned to Judiciary
2022-01-18SenateReferred to Assignments
2022-01-18SenateFirst Reading
2022-01-18SenateFiled with Secretary by Sen. Adriane Johnson

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7651601-26New CodeSee Bill Text
76560518.4aNew CodeSee Bill Text

Illinois State Sources


Bill Comments

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