HB0759 Enrolled LRB095 07949 AJO 28111 b

1     AN ACT concerning property.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 1. Short title. This Act may be cited as the
5 Condominium Advisory Council Act.
 
6     Section 5. Definitions. In this Act:
7     "Condominium" refers to property described in the
8 Condominium Property Act.
9     "Council" means the Condominium Advisory Council.
 
10     Section 10. Condominium Advisory Council.
11     (a) Subject to appropriation, the Condominium Advisory
12 Council is created within the Department of Revenue. Subject to
13 appropriation, the Department of Revenue shall provide
14 administrative and financial support to the Council. The
15 Council shall be composed of 7 members appointed as follows:
16         (1) Four members of the General Assembly, one each
17     appointed by the President of the Senate, the Minority
18     Leader of the Senate, the Speaker of the House of
19     Representatives, and the Minority Leader of the House of
20     Representatives.
21         (2) Three members of the public who have knowledge or
22     ownership interests in condominiums appointed by the

 

 

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1     Governor.
2     (b) The Governor shall designate one of the members of the
3 Council as chairperson. The Council may chose such other
4 officers as it deems appropriate. The Council shall meet at the
5 call of the chairperson.
6     (c) The members of the Council shall receive no
7 compensation for their services as members of the Council but
8 may be reimbursed for actual expenses incurred in the
9 performance of their duties on the Council from appropriations
10 made to them for such purpose.
11     (d) A majority of the members of the Council shall
12 constitute a quorum to do business and a majority vote of the
13 members of the Council shall be necessary for a decision of the
14 Council.
 
15     Section 15. Council duties. The Council shall:
16     (1) identify issues facing condominium owners, condominium
17 associations, and other persons who have financial interests in
18 condominiums;
19     (2) study the Condominium Property Act and related Acts
20 that affect condominium ownership and suggest legislation to
21 the General Assembly to amend those Acts; and
22     (3) report its findings and recommendations to the Governor
23 and General Assembly by January 31, 2008.
 
24     Section 20. Dissolution of Council. The Council shall be

 

 

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1 dissolved 30 days after it reports its findings and
2 recommendations to the Governor and General Assembly.
 
3     Section 99. Effective date. This Act takes effect upon
4 becoming law.