Bill Text: IL HB4796 | 2013-2014 | 98th General Assembly | Amended
Bill Title: Amends the Uniform Disposition of Unclaimed Property Act. Makes a technical change in a Section concerning definitions.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2014-12-03 - Session Sine Die [HB4796 Detail]
Download: Illinois-2013-HB4796-Amended.html
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| 1 | AMENDMENT TO HOUSE BILL 4796
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| 2 | AMENDMENT NO. ______. Amend House Bill 4796 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Common Interest Community Association Act | ||||||
| 5 | is amended by changing Section 1-40 and 1-75 as follows:
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| 6 | (765 ILCS 160/1-40)
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| 7 | Sec. 1-40. Meetings. | ||||||
| 8 | (a) Notice of any membership meeting shall be given | ||||||
| 9 | detailing the time, place, and purpose of such meeting no less | ||||||
| 10 | than 10 and no more than 30 days prior to the meeting through a | ||||||
| 11 | prescribed delivery method. | ||||||
| 12 | (b) Meetings. | ||||||
| 13 | (1) Twenty percent of the membership shall constitute a | ||||||
| 14 | quorum, unless the community instruments indicate a lesser | ||||||
| 15 | amount. | ||||||
| 16 | (2) The membership shall hold an annual meeting. The | ||||||
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| 1 | board of directors may be elected at the annual meeting. | ||||||
| 2 | (3) Special meetings of the board may be called by the | ||||||
| 3 | president, by 25% of the members of the board, or by any | ||||||
| 4 | other method that is prescribed in the community | ||||||
| 5 | instruments. Special meetings of the membership may be | ||||||
| 6 | called by the president, the board, 20% of the membership, | ||||||
| 7 | or any other method that is prescribed in the community | ||||||
| 8 | instruments. | ||||||
| 9 | (4) Except to the extent otherwise provided by this | ||||||
| 10 | Act, the board shall give the members notice of all board | ||||||
| 11 | meetings at least 48 hours prior to the meeting by sending | ||||||
| 12 | notice by using a prescribed delivery method or by posting | ||||||
| 13 | copies of notices of meetings in entranceways, elevators, | ||||||
| 14 | or other conspicuous places in the common areas of the | ||||||
| 15 | common interest community at least 48 hours prior to the | ||||||
| 16 | meeting except where there is no common entranceway for 7 | ||||||
| 17 | or more units, the board may designate one or more | ||||||
| 18 | locations in the proximity of these units where the notices | ||||||
| 19 | of meetings shall be posted. The board shall give members | ||||||
| 20 | notice of any board meeting, through a prescribed delivery | ||||||
| 21 | method, concerning the adoption of (i) the proposed annual | ||||||
| 22 | budget, (ii) regular assessments, or (iii) a separate or | ||||||
| 23 | special assessment within 10 to 60 days prior to the | ||||||
| 24 | meeting, unless otherwise provided in Section 1-45 (a) or | ||||||
| 25 | any other provision of this Act. | ||||||
| 26 | (5) Meetings of the board shall be open to any unit | ||||||
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| 1 | owner, except for the portion of any meeting held (i) to | ||||||
| 2 | discuss litigation when an action against or on behalf of | ||||||
| 3 | the particular association has been filed and is pending in | ||||||
| 4 | a court or administrative tribunal, or when the common | ||||||
| 5 | interest community association finds that such an action is | ||||||
| 6 | probable or imminent, (ii) to consider third party | ||||||
| 7 | contracts or information regarding appointment, | ||||||
| 8 | employment, or dismissal of an employee, or (iii) to | ||||||
| 9 | discuss violations of rules and regulations of the | ||||||
| 10 | association or a member's or unit owner's unpaid share of | ||||||
| 11 | common expenses. Any matter discussed in the portion of the | ||||||
| 12 | board meeting closed to members of the association shall be | ||||||
| 13 | generally noted in the minutes of the immediately following | ||||||
| 14 | meeting that is open to any member. Any vote on these | ||||||
| 15 | matters shall be taken at a meeting or portion thereof open | ||||||
| 16 | to any member. | ||||||
| 17 | (6) The board must reserve a portion of the meeting of | ||||||
| 18 | the board for comments by members; provided, however, the | ||||||
| 19 | duration and meeting order for the member comment period is | ||||||
| 20 | within the sole discretion of the board. | ||||||
| 21 | (7) Minutes of: | ||||||
| 22 | (i) meetings of the board of directors or managers | ||||||
| 23 | other than the portion of the board meeting closed to | ||||||
| 24 | members of the association; | ||||||
| 25 | (ii) meetings of the membership; or | ||||||
| 26 | (iii) meetings of committees with decision making | ||||||
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| 1 | authority; | ||||||
| 2 | must be made available to members within 30 calendar | ||||||
| 3 | days of the meeting unless a subsequent meeting is held | ||||||
| 4 | less than 30 calendar days after the meeting, in which case | ||||||
| 5 | the minutes shall be made available to the members no less | ||||||
| 6 | than one calendar day before the following meeting. As used | ||||||
| 7 | in this Section, "minutes" includes draft minutes proposed | ||||||
| 8 | for adoption and marked to indicate draft status until such | ||||||
| 9 | time as they are adopted.
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| 10 | (Source: P.A. 96-1400, eff. 7-29-10; 97-605, eff. 8-26-11; | ||||||
| 11 | 97-1090, eff. 8-24-12.)
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| 12 | (765 ILCS 160/1-75)
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| 13 | Sec. 1-75. Exemptions for small common interest | ||||||
| 14 | communities. | ||||||
| 15 | (a) A common interest community association organized | ||||||
| 16 | under the General Not for Profit Corporation Act of 1986 and | ||||||
| 17 | having either (i) 10 units or less or (ii) annual budgeted | ||||||
| 18 | assessments of $100,000 or less shall be exempt from this Act | ||||||
| 19 | unless the association affirmatively elects to be covered by | ||||||
| 20 | this Act by a majority of its directors or members. | ||||||
| 21 | (b) Common interest community associations which in their | ||||||
| 22 | declaration, bylaws, or other governing documents provide that | ||||||
| 23 | the association may not use the courts or an arbitration | ||||||
| 24 | process to collect or enforce assessments, fines, or similar | ||||||
| 25 | levies and common interest community associations (i) of 10 | ||||||
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| 1 | units or less or (ii) having annual budgeted assessments of | ||||||
| 2 | $50,000 or less shall be exempt from subsection (a) of Section | ||||||
| 3 | 1-30, subsections (a) and (b) of Section 1-40, and Section 1-55 | ||||||
| 4 | but shall be required to provide notice of meetings to members | ||||||
| 5 | in a manner and at a time that will allow members to | ||||||
| 6 | participate in those meetings.
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| 7 | (Source: P.A. 96-1400, eff. 7-29-10; 97-605, eff. 8-26-11; | ||||||
| 8 | 97-1090, eff. 8-24-12.)".
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