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IL SB3202
Bill
Status
8/17/2012
Primary Sponsor
Edward Maloney
Click for details
AI Summary
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Amends the Community Association Manager Licensing and Disciplinary Act to modify annual fees for community associations with 10 or more units that employ compensated managers and are registered as not-for-profit corporations.
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Sets annual fee at $50 plus $1 per unit, with a maximum annual cap of $1,000 per community association.
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Community associations failing to pay required fees are subject to penalties and procedures under Section 92 of the Act.
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Adds new confidentiality provisions requiring the Department to maintain examination and investigation information as confidential, with exceptions for law enforcement, regulatory agencies, and lawful subpoenas.
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Formal complaints and departmental orders against licensees are designated as public records.
Legislative Description
COMMUNITY ASSOC-ANNUAL FEES
Last Action
Public Act . . . . . . . . . 97-1021
8/17/2012