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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB3024 Introduced 2/16/2023, by Rep. Barbara Hernandez SYNOPSIS AS INTRODUCED:
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Amends the Common Interest Community Association Act. Provides that, if an association is located in a municipality with a population of 500,000 or less and does not offer community amenities such as pools, gyms, security, and club houses, the association shall not impose upon a unit owner an assessment for common expenses that is in excess of $450 per month.
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| | A BILL FOR |
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| | HB3024 | | LRB103 29714 LNS 56119 b |
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| 1 | | AN ACT concerning civil law.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Common Interest Community Association Act |
| 5 | | is amended by adding Section 1-46 as follows:
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| 6 | | (765 ILCS 160/1-46 new) |
| 7 | | Sec. 1-46. Assessment limit. Notwithstanding any other |
| 8 | | provision of this Act, if an association is located in a |
| 9 | | municipality with a population of 500,000 or less and does not |
| 10 | | offer community amenities such as pools, gyms, security, and |
| 11 | | club houses, the association shall not impose upon a unit |
| 12 | | owner an assessment for common expenses that is in excess of |
| 13 | | $450 per month.
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