Illinois General Assembly - Bill Status for SB1051
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 Bill Status of SB1051  93rd General Assembly

Short Description:  CONDOMINIUM PROP-LATE FEES

Senate Sponsors
Sen. John J. Cullerton

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 605/18from Ch. 30, par. 318


Synopsis As Introduced
Amends the Condominium Property Act. Requires the condominium bylaws to provide for late fees for the delinquent payment of condominium assessments. Provides that the late fees may not exceed the greater of $25 or 10% of the amount due and may not be charged more than once for the same late payment.

Senate Committee Amendment No. 1
Provides that the by-laws may (instead of shall) provide for late fees for delinquent payments.

Actions 
DateChamber Action
  2/19/2003SenateFiled with Secretary by Sen. John J. Cullerton
  2/19/2003SenateFirst Reading
  2/19/2003SenateReferred to Rules
  2/26/2003SenateAssigned to Judiciary
  3/4/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  3/4/2003SenateSenate Committee Amendment No. 1 Referred to Rules
  3/5/2003SenatePostponed - Judiciary
  3/5/2003SenateSenate Committee Amendment No. 1 Rules Refers to Judiciary
  3/11/2003SenateSenate Committee Amendment No. 1 Adopted
  3/13/2003SenateDo Pass as Amended Judiciary; 008-000-000
  3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003
  3/18/2003SenateSecond Reading
  3/18/2003SenatePlaced on Calendar Order of 3rd Reading March 19, 2003
  4/4/2003SenateThird Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
  7/1/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  1/11/2005SenateSession Sine Die

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