HB0759 95TH GENERAL ASSEMBLY

LRB095 07949 AJO 28111 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB0759

Introduced 2/7/2007, by Rep. Harry Osterman

SYNOPSIS AS INTRODUCED:

New Act

Creates the Condominium Advisory Council Act. Subject to appropriation, the Condominium Advisory Council is created in the Department of Revenue. Subject to appropriation, the Department shall provide administrative and financial support to the Council. Provides that the Council will be 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, 2008. Provides that the Council shall be dissolved 30 days after it reports its findings and recommendations to the Governor and General Assembly. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning property.

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

Section 1. Short title. This Act may be cited as the Condominium Advisory Council Act.

Section 5. Definitions. In this Act:

"Condominium" refers to property described in the Condominium Property Act.

"Council" means the Condominium Advisory Council.

Section 10. Condominium Advisory Council.

(a) Subject to appropriation, the Condominium Advisory Council is created within the Department of Revenue. Subject to appropriation, the Department of Revenue shall provide administrative and financial support to the Council. The Council shall be composed of 7 members appointed as follows:

(1) Four members of the General Assembly, one each appointed by the President of the Senate, the Minority Leader of the Senate, the Speaker of the House of Representatives, and the Minority Leader of the House of Representatives.

(2) Three members of the public who have knowledge or ownership interests in condominiums appointed by the Governor.

(b) The Governor shall designate one of the members of the Council as chairperson. The Council may chose such other officers as it deems appropriate. The Council shall meet at the call of the chairperson.

(c) The members of the Council shall receive no compensation for their services as members of the Council but may be reimbursed for actual expenses incurred in the performance of their duties on the Council from appropriations made to them for such purpose.

(d) A majority of the members of the Council shall constitute a quorum to do business and a majority vote of the members of the Council shall be necessary for a decision of the Council.

Section 15. Council duties. 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, 2008.

Section 20. Dissolution of Council. The Council shall be dissolved 30 days after it reports its findings and recommendations to the Governor and General Assembly.

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