Full Text of HB5189 95th General Assembly
HB5189ham001 95TH GENERAL ASSEMBLY
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Judiciary I - Civil Law Committee
Filed: 3/12/2008
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09500HB5189ham001 |
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LRB095 18627 AJO 47999 a |
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| AMENDMENT TO HOUSE BILL 5189
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| AMENDMENT NO. ______. Amend House Bill 5189, on page 33, by | 3 |
| replacing lines 21 through 25 with the following:
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| "covenants, rules, regulations or bylaws. However, nothing in | 5 |
| this Act or the declarations, bylaws, rules and regulations of | 6 |
| an association that currently permits leasing or of an | 7 |
| association incorporated after the effective date of this | 8 |
| amendatory Act of the 95th General Assembly, shall prohibit the | 9 |
| unit owners from leasing up to 20% of the units, as long as the | 10 |
| unit owners otherwise comply with the provisions of this Act. "; | 11 |
| and | 12 |
| on page 37, by replacing lines 17 through 21 with the | 13 |
| following: | 14 |
| "to the front-door area of a condominium unit. However, for | 15 |
| associations incorporated after the effective date of this |
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09500HB5189ham001 |
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LRB095 18627 AJO 47999 a |
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| amendatory Act of the 95th General Assembly, and for | 2 |
| associations that currently permit leasing, no declarations, | 3 |
| by-laws, rules or regulations, or other condominium | 4 |
| instruments shall prohibit the unit owners from leasing up to | 5 |
| 20% of the total units, as long as the unit owners otherwise | 6 |
| comply with the provisions of this Act. "; and | 7 |
| on page 41, by replacing lines 4 through 11 with the following: | 8 |
| " (a) For a common interest community or homeowners' | 9 |
| association incorporated after the effective date of this | 10 |
| amendatory Act of the 95th General Assembly, and for a common | 11 |
| interest community or homeowners' association that currently | 12 |
| permits leasing, notwithstanding any other provision in the | 13 |
| common interest community's or homeowners' association's | 14 |
| declaration, covenants, bylaws, rules, regulations, or other | 15 |
| instruments or any construction of those instruments by a | 16 |
| common interest community's or homeowners' association's board | 17 |
| of directors, a homeowners' association or common interest | 18 |
| community incorporated under this Act may not prohibit 20% of | 19 |
| the total units from being used as leasing property. ".
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