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]
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.
Title
DFPR-HOA/CONDO BOARD TRAINING
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-02-18 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2022-02-10 | Senate | Rule 2-10 Committee Deadline Established As February 18, 2022 |
2022-02-07 | Senate | To Judiciary- Property Law |
2022-01-26 | Senate | Assigned to Judiciary |
2022-01-18 | Senate | Referred to Assignments |
2022-01-18 | Senate | First Reading |
2022-01-18 | Senate | Filed with Secretary by Sen. Adriane Johnson |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
765 | 160 | 1-26 | New Code | See Bill Text |
765 | 605 | 18.4a | New Code | See Bill Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3434&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
Text | https://www.ilga.gov/legislation/102/SB/10200SB3434.htm |