HB5449 - 104th General Assembly (2025-2026)

CONDO CI ASSN-DISCLSOURE INFO
Last Action
2/13/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Rita Mayfield
Statutes Amended In Order of Appearance
765 ILCS 160/1-30  
765 ILCS 160/1-45  
765 ILCS 605/18.4  from Ch. 30, par. 318.4
765 ILCS 605/40 new  
Synopsis As Introduced
Amends the Common Interest Community Association Act and the Condominium Property Act. Requires the board of directors to provide a website that unit owners can access on the Internet that includes information about board and association meetings, agendas, and minutes of the last meeting. Requires that the board must transmit quarterly to the members electronically via email a statement of the association's financial data, to include, but not be limited to, receipts, expenses, invoices, contracts, and obligations. Requires any fee increase of any kind that is more than 10% must be approved by 75% of the unit owners notwithstanding any other provision in this Act or in the association's instruments.
Actions
DateChamberAction
2/06/2026HouseFiled with the Clerk by Rep. Rita Mayfield
2/13/2026HouseFirst Reading
2/13/2026HouseReferred to Rules Committee