94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB5334


 
Introduced 01/26/06, by Rep. Harry Osterman - Elaine Nekritz - Julie Hamos
 
SYNOPSIS AS INTRODUCED:
 		













New Act










    Creates the Condominium Advisory Council Act.   Creates the Condominium Advisory Council composed of 7 members, 4 appointed by the legislative leaders and 3 appointed by the Governor.  Provides that the Council shall: (1) identify issues facing condominium owners, condominium associations, and other persons who have financial interests in condominiums;  (2) study the Condominium Property Act and related Acts that affect condominium ownership and suggest legislation to the General Assembly to amend those Acts; and (3) report its findings and recommendations to the Governor and General Assembly by January 31, 2007. Provides that the Council shall be dissolved 30 days after it reports its findings and recommendations to the Governor and General Assembly.  Effective immediately.
















LRB094 17270 RLC 52560 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB5334

LRB094 17270 RLC 52560 b






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    AN ACT concerning property.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 1. Short title. This Act may be cited as the 
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Condominium Advisory Council Act.
 
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    Section 5. Definitions. In this Act:
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    "Condominium" refers to property described in the 
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Condominium Property Act.
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    "Council" means the Condominium Advisory Council.
 
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    Section 10. Condominium Advisory Council. 
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    (a) The Condominium Advisory Council is created.  The 
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Council shall be composed of 7 members appointed as follows:
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        (1) Four members of the General Assembly, one each 
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    appointed by the President of the Senate, the Minority 
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    Leader of the Senate, the Speaker of the House of 
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    Representatives, and the Minority Leader of the House of 
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    Representatives.
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        (2) Three members of the public who have knowledge or 
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    ownership interests in condominiums appointed by the 
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    Governor.
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    (b) The Governor shall designate one of the members of the 
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Council as chairperson.  The Council may chose such other 
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officers as it deems appropriate.  The Council shall meet at the 
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call of the chairperson.  
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    (c) The members of the Council shall receive no 
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compensation for their services as members of the Council but 
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may be reimbursed for actual expenses incurred in the 
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performance of their duties on the Council from appropriations 
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made to them for such purpose. 
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    (d) A majority of the members of the Council shall 
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constitute a quorum to do business and a majority vote of the 
 


 






HB5334
- 2 -
LRB094 17270 RLC 52560 b




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members of the Council shall be necessary for a decision of the 
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Council.  
 
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    Section 15. Council duties. The Council shall:
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    (1) identify issues facing condominium owners, condominium 
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associations, and other persons who have financial interests in 
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condominiums;
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    (2) study the Condominium Property Act and related Acts 
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that affect condominium ownership and suggest legislation to 
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the General Assembly to amend those Acts; and
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    (3) report its findings and recommendations to the Governor 
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and General Assembly by January 31, 2007. 
 
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    Section 20. Dissolution of Council. The Council shall be 
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dissolved 30 days after it reports its findings and 
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recommendations to the Governor and General Assembly.

 
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    Section 99. Effective date. This Act takes effect upon 
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becoming law.