House Sponsors: CURRIE-OSTERMAN-FRITCHEY. Senate Sponsors: OBAMA Short description: CONDO PROP ACT-NOTICE TO OWNER Synopsis of Bill as introduced: Amends the Condominium Property Act concerning certain expenditures made by a board of managers. Requires the board of managers to send written notification of a proposed expenditure that exceeds 5% of the annual budget to the owners and allows the owners 14 days after receiving notification to challenge the proposed expenditure. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes everything and re-inserts similar language with the following change. Requires the board of managers to send written notification of a proposed expenditure that exceeds 5% of the annual budget to the owners and allows the owners 14 days after receiving notification of the proposed agenda to challenge the expenditure. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status