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<xml>
<title>Illinois General Assembly - Bill Status for SB 2848   </title>
<shortdesc>CONDO INSTRUMENTS-AMEND REQ</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Heather A. Steans</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 605/27</reference><aliasreference>from Ch. 30, par. 327</aliasreference><SynopsisText>Amends the Condominium Property Act. Provides that once a condominium association has at least one member other than the developer, condominium instruments shall be amended only, unless the Act provides otherwise (rather than not allowing for an exception), by: (i) an affirmative vote of two-thirds of those voting or by a majority vote margin specified by the condominium instruments, provided that the specified majority vote margin may not exceed a three-quarters vote of all unit owners; and (ii) any required mortgagee's approval. Deletes provisions which state, unless the Act provides otherwise, that: (i) no condominium instrument shall require more than a three-quarters vote of unit owners to amend the bylaws, unless the property's declaration is recorded on or after July 1, 1984; and (ii) no condominium instrument amendment shall change: any unit boundaries; a unit's interest in the common elements; the number of votes in the unit owners' association; or a unit's liability for common expenses.</SynopsisText></synopsis>
<actions>
<statusdate>1/24/2012</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Heather A. Steans</action>
<statusdate>1/24/2012</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/24/2012</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/31/2012</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>2/7/2012</statusdate><chamber>Senate</chamber><action>To Judiciary Subcommittee on Property and Environment</action>
<statusdate>3/9/2012</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As March 30, 2012</action>
<statusdate>3/30/2012</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

