Illinois General Assembly - Bill Status for HB2533
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 Bill Status of HB2533  103rd General Assembly


Short Description:  CONDOS-SALE OF PROPERTY

House Sponsors
Rep. Jenn Ladisch Douglass - Gregg Johnson - Sue Scherer, Abdelnasser Rashid, Barbara Hernandez and Katie Stuart

Last Action
DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
765 ILCS 605/15from Ch. 30, par. 315


Synopsis As Introduced
Amends the Condominium Property Act. Provides that any unit owner who does not vote in favor of the sale of property has 30 days after the date of the meeting at which a sale was approved to file a written objection to the sale to the manager or board of managers. Provides that if there are any remaining reserve funds left over from the sale of the property, such reserve funds shall be returned in proportion to the unit owner's interest in the property prior to deconversion.

Actions 
DateChamber Action
  2/15/2023HouseFiled with the Clerk by Rep. Jenn Ladisch Douglass
  2/15/2023HouseFirst Reading
  2/15/2023HouseReferred to Rules Committee
  2/23/2023HouseAdded Co-Sponsor Rep. Abdelnasser Rashid
  2/23/2023HouseAdded Co-Sponsor Rep. Barbara Hernandez
  2/23/2023HouseAdded Co-Sponsor Rep. Katie Stuart
  2/23/2023HouseAdded Chief Co-Sponsor Rep. Gregg Johnson
  2/23/2023HouseAdded Chief Co-Sponsor Rep. Sue Scherer
  2/28/2023HouseAssigned to Judiciary - Civil Committee
  3/8/2023HouseTo Commercial & Property Subcommittee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

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