CURRIE-FANTIN. 765 ILCS 605/18 from Ch. 30, par. 318 Amends provisions of the Condominium Property Act setting forth requirements for condominium bylaws. Provides that the bylaws shall require all unit owners to obtain and maintain liability insurance covering all liability incurred in connection with their ownership of a unit in a minimum amount of $100,000; that the insurance shall cover liability incurred by the tenant of a unit owner; and that any mortgage entered into by a unit owner on or after the effective date of this amendatory Act for which an escrow account is established for the tax payments or any other payments shall contain a requirement that, for as long as the escrow account exists, the cost of the insurance must be paid by the unit owner for deposit into the escrow account and that the premiums for the insurance must be paid to the insurance company from the payments made by the unit owner into the escrow account. STATE MANDATES FISCAL NOTE In the opinion of DCCA, HB1262 fails to create a State mandate under the State Mandates Act. FISCAL NOTE (Secretary of State) There will not be a fiscal impact on this Dept. HOUSE AMENDMENT NO. 2. Deletes reference to: 765 ILCS 605/18 Adds reference to: 765 ILCS 605/12 from Ch. 30, par. 312 Deletes everything. Amends the Condominium Property Act. Requires unit owners and their tenants to insure their personal property against loss and damage. 97-03-03 H FIRST READING 97-03-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-05 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 97-03-12 H STATE MANDATES FISCAL NOTE FILED 97-03-12 H FISCAL NOTE REQUESTED CROSS 97-03-12 H COMMITTEE JUD-CIVIL LAW 97-03-13 H DO PASS/STANDARD DEBATE 006-001-001 HJUA 97-03-13 H PLACED CAL 2ND READING-STANDARD DEBATE 97-03-13 H FISCAL NOTE FILED 97-03-13 H CALENDAR ORDER 2ND READING-STANDARD DBT 97-03-18 H SECOND READING-STANDARD DEBATE 97-03-18 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE 97-03-19 H ADDED AS A JOINT SPONSOR FANTIN 97-04-08 H RECLLD TO SECOND READING-STANDARD DEBATE 97-04-08 H HELD CAL ORDER 2ND READING-STANDARD DBT 97-04-09 H AMENDMENT NO. 01-CURRIE 97-04-09 H AMENDMENT REFERRED TO HRUL 97-04-09 H AMENDMENT NO. 02-CURRIE 97-04-09 H AMENDMENT REFERRED TO HRUL 97-04-09 H HELD CAL ORDER 2ND READING-STANDARD DBT 97-04-09 H AMENDMENT NO. 01-CURRIE 97-04-09 H RULES REFERS TO HJUA 97-04-09 H AMENDMENT NO. 02-CURRIE 97-04-09 H RULES REFERS TO HJUA 97-04-09 H HELD CAL ORDER 2ND READING-STANDARD DBT 97-04-10 H AMENDMENT NO. 02-CURRIE 97-04-10 H BE ADOPTED HJUA/006-004-000 97-04-10 H AMENDMENT NO. 02-CURRIE 97-04-10 H ADOPTED 97-04-10 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE 97-04-23 H RECLLD TO SECOND READING-STANDARD DEBATE 97-04-23 H AMENDMENT NO. 03-CURRIE 97-04-23 H AMENDMENT REFERRED TO HRUL 97-04-23 H HELD CAL ORDER 2ND READING-STANDARD DBT 97-04-24 H AMENDMENT NO. 04-CURRIE 97-04-24 H AMENDMENT REFERRED TO HRUL 97-04-24 H AMENDMENT NO. 03-CURRIE 97-04-24 H BE ADOPTED HRUL 97-04-24 H AMENDMENT NO. 04-CURRIE 97-04-24 H BE ADOPTED HRUL 97-04-24 H HELD CAL ORDER 2ND READING-STANDARD DBT 97-04-25 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary