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<xml>
<title>Illinois General Assembly - Bill Status for HB 2533         </title>
<shortdesc>CONDOS-SALE OF PROPERTY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jenn Ladisch Douglass, Abdelnasser Rashid, Barbara Hernández and Katie Stuart-Gregg Johnson-Sue Scherer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 605/15</reference><aliasreference>from Ch. 30, par. 315</aliasreference><SynopsisText>     Amends the Condominium Property Act. Provides that any unit owner who does not vote in favor of the sale of property has 30 days after the date of the meeting at which a sale was approved to file a written objection to the sale to the manager or board of managers. Provides that if there are any remaining reserve funds left over from the sale of the property, such reserve funds shall be returned in proportion to the unit owner's interest in the property prior to deconversion.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jenn Ladisch Douglass</action>
<statusdate>2/15/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Abdelnasser Rashid</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Barbara Hernández</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Katie Stuart</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Gregg Johnson</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sue Scherer</action>
<statusdate>2/28/2023</statusdate><chamber>House</chamber><action>Assigned to Judiciary - Civil Committee</action>
<statusdate>3/8/2023</statusdate><chamber>House</chamber><action>To Commercial &amp; Property Subcommittee</action>
<statusdate>3/10/2023</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

