Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

765 ILCS 605/19.1 new

Synopsis As Introduced
Amends the Condominium Property Act. Provides that notwithstanding any provision in any condominium instrument or bylaw, a condominium association must not: impair or restrict a condominium unit owner from securing a reverse mortgage, so long as the reverse mortgage does not adversely affect the rights of an association to collect an assessment; prevent, impair, or restrict a unit owner from borrowing money on the unit by refusing to cooperate with a lender or any federal program; or levy a fee to process or to close on a reverse mortgage or other similar financing transaction.

Actions 

Date	Chamber	Action
2/7/2012	Senate	Filed with Secretary by Sen. Ira I. Silverstein
2/7/2012	Senate	First Reading
2/7/2012	Senate	Referred to Assignments
2/17/2012	Senate	Assigned to Judiciary
2/28/2012	Senate	To Judiciary Subcommittee on Property and Environment
3/9/2012	Senate	Rule 2-10 Committee Deadline Established As March 30, 2012
3/30/2012	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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