House Sponsors: FEIGENHOLTZ-ERWIN-OSTERMAN-DART. Short description: CONDOMINIUM-INSURANC-RISK POOL Synopsis of Bill as introduced: Amends the Condominium Property Act. Replaces provisions concerning (i) insurance for condominium associations and (ii) risk pooling trust funds for condominium associations or common interest community associations. Requires that a condominium association maintain property insurance, general liability insurance, and a fidelity bond and liability coverage for directors and officers. Provides that a condominium association may require unit owners to obtain insurance coverage. Requires the Director of Insurance to adopt reasonable rules pertaining to the standards of coverage and administration of risk pooling trust funds. FISCAL NOTE (Office of the Illinois Courts) HB 2246 would have no fiscal impact on the judicial branch. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status