CONDO-DISTRESSED PROPERTY House SponsorsRep. Marlow H. Colvin Senate Sponsors(Sen. Jacqueline Y. Collins) 1/13/2009HouseSession Sine Die 765 ILCS 605/14.5 new Amends the Condominium Property Act. Provides procedures for addressing distressed condominium property that is a danger, blight, or nuisance to the surrounding community or the public and that is substantially unoccupied, without utilities, or in a serious negative condition. Provides a definition of "distressed condominium property". Provides that a municipality may file a petition in the circuit court and that if the court finds that a property is a distressed condominium property, the court may appoint a receiver to manage the property. Provides also that if a court finds that the property is not viable as a condominium, the court may deem that the entire property is owned in common by the unit owners and may authorize the receiver to sell the entire property without the consent of the unit owners. Provides that if the receiver sells the property pursuant to court authorization, the sale proceeds shall be paid to unit owners according to their respective shares, after sale expenses, taxes, and liens have been paid. Provides that the receiver has the power and authority to secure and insure the premises, make repairs, and otherwise manage the premises. 2/8/2007HouseFiled with the Clerk by Rep. Marlow H. Colvin 2/8/2007HouseFirst Reading 2/8/2007HouseReferred to Rules Committee 2/15/2007HouseAssigned to Judiciary I - Civil Law Committee 3/1/2007HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 013-000-001 3/1/2007HousePlaced on Calendar 2nd Reading - Short Debate 4/27/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 3, 2007 5/2/2007HouseSecond Reading - Short Debate 5/2/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/3/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 10, 2007 5/10/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 18, 2007 5/15/2007HouseThird Reading - Short Debate - Passed 115-000-000 5/16/2007SenateArrive in Senate 5/16/2007SenatePlaced on Calendar Order of First Reading 5/16/2007SenateChief Senate Sponsor Sen. Jacqueline Y. Collins 5/16/2007SenateFirst Reading 5/16/2007SenateReferred to Rules 5/15/2008SenateRule 2-10 Committee Deadline Established As May 22, 2008; Substantive House Bills Out of Committee 1/13/2009HouseSession Sine Die