FAWELL. (PERSICO) New Act Creates the Co-operative Residential Homes Act. Creates a short title only. SENATE AMENDMENT NO. 1. Deletes reference to: New Act Adds reference to: 805 ILCS 105/107.03 from Ch. 32, par. 107.03 805 ILCS 105/107.15 from Ch. 32, par. 107.15 805 ILCS 105/107.75 from Ch. 32, par. 107.75 805 ILCS 105/108.21 from Ch. 32, par. 108.21 Deletes everything. Amends the General Not For Profit Corporation Act of 1986. Provides that a residential cooperative not-for-profit corporation containing 50 or more single family units and located in a county with a population between 780,000 and 3,000,000 shall specifically set forth the qualifications and rights of its members in the articles of incorporation and the bylaws, shall post notice of member's meetings in conspicuous places in the residential cooperative at least 48 hours prior to a meeting of the members, shall keep an accurate and complete account of all transfers of membership, shall on a quarterly basis record all transfers of membership with the county clerk of the county in which the residential cooperative is located and make a list of all transfers of membership available for inspection by any member of the corporation, and shall be subject to the open meetings requirements of the Act. Effective immediately. SENATE AMENDMENT NO. 2. Adds reference to: 805 ILCS 105/107.05 from Ch. 32, par. 107.05 805 ILCS 105/107.90 new Deletes everything. Reinserts provisions similar to Senate Amendment No. 1, but adds a provision that for meetings of certain not-for-profit corporations organized for the purpose of residential cooperative housing, any member may record the proceedings at the meetings subject to the reasonable rules prescribed by the board or the membership. Also adds a provision that these same not-for-profit corporations for which (i) title for real property occupied or controlled by a member under a membership agreement is held by or is transferred to that member; (ii) more than one class of membership exists; or (iii) the corporation fails to obtain recognition or loses recognition as a Cooperative Housing Corporation under the Internal Revenue Code of 1954, as amended, shall provide notice of these items to members and allow members to make certain changes in ownership as a result. Effective immediately. HOUSE AMENDMENT NO. 1. In the amendatory provisions referring to residential cooperative not-for-profit corporations containing 50 or more single family units or dwellings, limits the application of the provisions to those units or dwellings with individual unit legal descriptions based upon a recorded plat of a subdivision. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-24 S ASSIGNED TO COMMITTEE PUBLIC HEALTH 99-02-25 S RE-REFERRED TO COMMITTEE RULES 99-02-25 S ASSIGNED TO COMMITTEE JUDICIARY 99-03-10 S POSTPONED 99-03-17 S AMENDMENT NO. 01-JUDICIARY S 99-03-17 S ADOPTED 99-03-17 S DO PASS AS AMENDED 008-000-000 SJUD 99-03-17 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-18 99-03-23 S FILED WITH SECRETARY 99-03-23 S AMENDMENT NO. 02-FAWELL 99-03-23 S AMENDMENT REFERRED TO SRUL 99-03-23 S AMENDMENT NO. 02-FAWELL 99-03-23 S RULES REFERS TO SJUD 99-03-24 S SECOND READING 99-03-24 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25 99-03-24 S AMENDMENT NO. 02-FAWELL 99-03-24 S BE ADOPTED SJUD/006-000-000 99-03-24 S RECALLED TO SECOND READING 99-03-24 S AMENDMENT NO. 02-FAWELL 99-03-24 S ADOPTED 99-03-24 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25 99-03-25 S THIRD READING - PASSED 056-000-000 99-03-26 H ARRIVE IN HOUSE 99-03-26 H HOUSE SPONSOR PERSICO 99-03-26 H FIRST READING 99-03-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-14 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 99-04-21 H DO PASS/SHORT DEBATE 008-000-000 HJUA 99-04-21 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-04-29 H AMENDMENT NO. 01-PERSICO 99-04-29 H AMENDMENT REFERRED TO HRUL 99-04-29 H CALENDAR ORDER 2ND READING-SHORT DEBATE 99-05-06 H AMENDMENT NO. 01-PERSICO 99-05-06 H RECOMMENDS BE ADOPTED HRUL/003-002-000 99-05-06 H SECOND READING-SHORT DEBATE 99-05-06 H AMENDMENT NO. 01-PERSICO 99-05-06 H ADOPTED 99-05-06 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-05-07 H THIRD READING/SHORT DEBATE/PASSED 113-000-000 99-05-11 S SECRETARYS DESK - CONCURRENCE 01 99-05-12 S FILED WITH SECRETARY 99-05-12 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/FAWELL 99-05-12 S MOTION REFERRED TO SRUL 99-05-12 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/FAWELL 99-05-12 S BE APPROVED FOR CONSIDERATION SRUL 99-05-17 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/FAWELL 99-05-17 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01/058-000-000 99-05-17 S PASSED BOTH HOUSES 99-06-15 S SENT TO THE GOVERNOR 99-08-06 S GOVERNOR APPROVED 99-08-06 S EFFECTIVE DATE 99-08-06 99-08-06 S PUBLIC ACT.............................. 91-0465 END OF INQUIRY Full Text Bill Summary