Bill Text: IL HB0220 | 2023-2024 | 103rd General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Common Interest Community Association Act. Provides that any association with major shared components or significant infrastructure that has had a reserve study conducted on or after January 1, 2020, shall have an updated reserve study conducted within 5 years after the date the reserve study was conducted and at least every 5 years thereafter. Sets forth requirements for the reserve study. Amends the Condominium Property Act. Provides that any association with major shared components or significant infrastructure that has had a reserve study conducted on or after January 1, 2020, shall have an updated reserve study conducted within 5 years after the date the reserve study was conducted and at least every 5 years thereafter. Sets forth requirements for the reserve study. Makes a conforming change.
Spectrum: Bipartisan Bill
Status: (Engrossed) 2024-05-25 - Rule 2-10 Third Reading Deadline Established As May 26, 2024 [HB0220 Detail]
Download: Illinois-2023-HB0220-Introduced.html
Bill Title: Amends the Common Interest Community Association Act. Provides that any association with major shared components or significant infrastructure that has had a reserve study conducted on or after January 1, 2020, shall have an updated reserve study conducted within 5 years after the date the reserve study was conducted and at least every 5 years thereafter. Sets forth requirements for the reserve study. Amends the Condominium Property Act. Provides that any association with major shared components or significant infrastructure that has had a reserve study conducted on or after January 1, 2020, shall have an updated reserve study conducted within 5 years after the date the reserve study was conducted and at least every 5 years thereafter. Sets forth requirements for the reserve study. Makes a conforming change.
Spectrum: Bipartisan Bill
Status: (Engrossed) 2024-05-25 - Rule 2-10 Third Reading Deadline Established As May 26, 2024 [HB0220 Detail]
Download: Illinois-2023-HB0220-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| 1 | AN ACT concerning civil law.
| |||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois,
| |||||||||||||||||||
| 3 | represented in the General Assembly:
| |||||||||||||||||||
| 4 | Section 5. The Citizen Participation
Act is amended by | |||||||||||||||||||
| 5 | changing Section 1 as follows:
| |||||||||||||||||||
| 6 | (735 ILCS 110/1)
| |||||||||||||||||||
| 7 | Sec. 1. Short title. This Act may be cited as the
the
| |||||||||||||||||||
| 8 | Citizen Participation
Act. | |||||||||||||||||||
| 9 | (Source: P.A. 95-506, eff. 8-28-07.)
| |||||||||||||||||||
