CONDO-DISTRESSED PROPERTY House SponsorsRep. Marlow H. Colvin-Kenneth Dunkin-Arthur L. Turner-Deborah L. Graham-Julie Hamos and Sara Feigenholtz Senate Sponsors(Sen. Jacqueline Y. Collins and Kwame Raoul-Mattie Hunter-Iris Y. Martinez) 8/10/2009HousePublic Act . . . . . . . . . 96-0174 765 ILCS 605/14.5 new Amends the Condominium Property Act. Provides legislative findings concerning the importance of municipalities reclaiming housing stock that was used in fraudulent schemes. 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 definitions of "distressed condominium property", "owner", and "other party in interest". 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. Provides that other parties in interest shall be provided written notice and a copy of the petition or complaint either by United States certified mail, return receipt requested, within 30 days of the issuance of the summons or by personal service of the complaint. Provides that the court may authorize a receiver to enter into a sales contract for the property upon a motion, with notice to all owners and other parties in interest and those parties having an opportunity to be heard. Makes other changes. 2/5/2009HouseFiled with the Clerk by Rep. Marlow H. Colvin 2/6/2009HouseFirst Reading 2/6/2009HouseReferred to Rules Committee 2/11/2009HouseAdded Chief Co-Sponsor Rep. Kenneth Dunkin 2/11/2009HouseAssigned to Judiciary I - Civil Law Committee 2/19/2009HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 014-000-000 2/19/2009HousePlaced on Calendar 2nd Reading - Short Debate 2/25/2009HouseAdded Chief Co-Sponsor Rep. Arthur L. Turner 3/3/2009HouseSecond Reading - Short Debate 3/3/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/27/2009HouseAdded Chief Co-Sponsor Rep. Deborah L. Graham 3/27/2009HouseAdded Chief Co-Sponsor Rep. Julie Hamos 3/27/2009HouseThird Reading - Short Debate - Passed 106-000-000 3/30/2009SenateArrive in Senate 3/30/2009SenatePlaced on Calendar Order of First Reading 3/30/2009SenateChief Senate Sponsor Sen. Jacqueline Y. Collins 3/30/2009SenateFirst Reading 3/30/2009SenateReferred to Assignments 3/30/2009HouseAdded Co-Sponsor Rep. Sara Feigenholtz 4/16/2009SenateAdded as Alternate Co-Sponsor Sen. Kwame Raoul 4/21/2009SenateAdded as Alternate Chief Co-Sponsor Sen. Mattie Hunter 4/22/2009SenateAssigned to Judiciary 4/29/2009SenateDo Pass Judiciary; 006-000-000 4/29/2009SenatePlaced on Calendar Order of 2nd Reading April 30, 2009 5/5/2009SenateAdded as Alternate Chief Co-Sponsor Sen. Iris Y. Martinez 5/7/2009SenateSecond Reading 5/7/2009SenatePlaced on Calendar Order of 3rd Reading May 12, 2009 5/13/2009SenateThird Reading - Passed; 053-000-000 5/13/2009HousePassed Both Houses 6/11/2009HouseSent to the Governor 8/10/2009HouseGovernor Approved 8/10/2009HouseEffective Date January 1, 2010 8/10/2009HousePublic Act . . . . . . . . . 96-0174