Illinois General Assembly - Bill Status for SB3434
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 Bill Status of SB3434  102nd General Assembly


Short Description:  DFPR-HOA/CONDO BOARD TRAINING

Senate Sponsors
Sen. Adriane Johnson

Last Action
DateChamber Action
  2/18/2022SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
765 ILCS 160/1-26 new
765 ILCS 605/18.4a new


Synopsis As Introduced
Amends the Common Interest Community Association Act and the Condominium Property Act. Beginning in 2023, requires all common interest community association board members and all members of a condominium board of managers to complete, at least annually, a training program that educates the member in the member's role and fiduciary responsibilities as a member of the board. Requires the Department of Financial and Professional Regulation to produce a model training program and make it available online to the public at no cost. Allows the Department to offer training seminars at a reasonable fee. Effective immediately.

Actions 
DateChamber Action
  1/18/2022SenateFiled with Secretary by Sen. Adriane Johnson
  1/18/2022SenateFirst Reading
  1/18/2022SenateReferred to Assignments
  1/26/2022SenateAssigned to Judiciary
  2/7/2022SenateTo Judiciary- Property Law
  2/10/2022SenateRule 2-10 Committee Deadline Established As February 18, 2022
  2/18/2022SenateRule 3-9(a) / Re-referred to Assignments

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