Illinois General Assembly - Bill Status for SB2848
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 Bill Status of SB2848  100th General Assembly


Short Description:  CONDO INSTRUMENTS-AMEND REQ

Senate Sponsors
Sen. Heather A. Steans

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 605/27from Ch. 30, par. 327


Synopsis As Introduced
Amends the Condominium Property Act. Provides that once a condominium association has at least one member other than the developer, condominium instruments shall be amended only, unless the Act provides otherwise (rather than not allowing for an exception), by: (i) an affirmative vote of two-thirds of those voting or by a majority vote margin specified by the condominium instruments, provided that the specified majority vote margin may not exceed a three-quarters vote of all unit owners; and (ii) any required mortgagee's approval. Deletes provisions which state, unless the Act provides otherwise, that: (i) no condominium instrument shall require more than a three-quarters vote of unit owners to amend the bylaws, unless the property's declaration is recorded on or after July 1, 1984; and (ii) no condominium instrument amendment shall change: any unit boundaries; a unit's interest in the common elements; the number of votes in the unit owners' association; or a unit's liability for common expenses.

Actions 
DateChamber Action
  1/24/2012SenateFiled with Secretary by Sen. Heather A. Steans
  1/24/2012SenateFirst Reading
  1/24/2012SenateReferred to Assignments
  1/31/2012SenateAssigned to Judiciary
  2/7/2012SenateTo Judiciary Subcommittee on Property and Environment
  3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012
  3/30/2012SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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