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IL HB5079

Bill

Official Source

Status

Introduced

2/4/2026

Primary Sponsor

Kimberly Du Buclet

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Origin

House of Representatives

104th General Assembly

AI Summary

  • Authorizes the Department of Financial and Professional Regulation to investigate complaints from condominium and common interest community association unit owners whose rights have been violated by their governing boards
  • Grants the Department authority to make findings and recommendations for enforcement when boards violate Illinois law or their own governing documents
  • Amends three statutes: the Common Interest Community Association Act, the Condominium Property Act, and the Financial Institutions Act
  • Empowers the Department to adopt rules to implement the new oversight provisions
  • Effective date of July 1, 2027

Legislative Description

OVERSIGHT-CONDO & COM INT ASSN

Last Action

Referred to Rules Committee

2/10/2026

Committee Referrals

Rules2/10/2026

Full Bill Text

No bill text available