Illinois General Assembly - Bill Status for HB4620
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 Bill Status of HB4620  103rd General Assembly


Short Description:  CICAA-ASSESSMENT INCREASES

House Sponsors
Rep. Harry Benton

Last Action
DateChamber Action
  4/19/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
765 ILCS 160/1-45


Synopsis As Introduced
Amends the Common Interest Community Association Act. Deletes language governing procedures for the ratification of a budget if the adopted budget or any separate assessment adopted by the board would result in the sum of all regular and separate assessments payable in the current fiscal year exceeding 115% of the sum of all regular and separate assessments payable during the preceding fiscal year. Provides instead that no adopted budget or any separate assessment adopted by the board shall result in the sum of all regular and separate assessments payable in the current fiscal year exceeding 105% of the sum of all regular and separate assessments payable during the preceding fiscal year.

Actions 
DateChamber Action
  1/30/2024HouseFiled with the Clerk by Rep. Harry Benton
  1/31/2024HouseFirst Reading
  1/31/2024HouseReferred to Rules Committee
  3/5/2024HouseAssigned to Housing
  3/21/2024HouseDo Pass / Short Debate Housing; 012-005-000
  3/21/2024HousePlaced on Calendar 2nd Reading - Short Debate
  4/17/2024HouseSecond Reading - Short Debate
  4/17/2024HouseHeld on Calendar Order of Second Reading - Short Debate
  4/19/2024HouseRule 19(a) / Re-referred to Rules Committee

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