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IL HB3416

Bill

Official Source

Status

Introduced

2/15/2019

Primary Sponsor

Jaime Andrade

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

HB3416 Summary

  • Amends the Condominium Property Act by adding a new requirement to Section 18 regarding disclosure of commissions and fees

  • Requires that condominium bylaws mandate the board provide a statement of any commission and its amount to unit owners

  • Makes commission information available to all unit owners, enhancing transparency in condominium financial matters

  • Applies to condominiums operating under the Illinois Condominium Property Act (765 ILCS 605/18)

Legislative Description

BIDS & CONTRACTS TRANSPARENCY

Last Action

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

6/23/2020

Committee Referrals

Rules6/23/2020
Judiciary - Civil3/17/2020
Rules3/29/2019
Civil Procedure3/6/2019
Judiciary - Civil3/5/2019
Rules2/15/2019

Full Bill Text

No bill text available