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Judiciary I - Civil Law Committee
Filed: 3/12/2008
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09500HB5189ham001 |
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LRB095 18627 AJO 47999 a |
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| AMENDMENT TO HOUSE BILL 5189
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| AMENDMENT NO. ______. Amend House Bill 5189, on page 33, by |
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| replacing lines 21 through 25 with the following:
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| "covenants, rules, regulations or bylaws. However, nothing in |
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| this Act or the declarations, bylaws, rules and regulations of |
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| an association that currently permits leasing or of an |
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| association incorporated after the effective date of this |
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| amendatory Act of the 95th General Assembly, shall prohibit the |
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| unit owners from leasing up to 20% of the units, as long as the |
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| unit owners otherwise comply with the provisions of this Act. "; |
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| and |
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| on page 37, by replacing lines 17 through 21 with the |
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| following: |
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| "to the front-door area of a condominium unit. However, for |
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| associations incorporated after the effective date of this |
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09500HB5189ham001 |
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LRB095 18627 AJO 47999 a |
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| amendatory Act of the 95th General Assembly, and for |
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| associations that currently permit leasing, no declarations, |
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| by-laws, rules or regulations, or other condominium |
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| instruments shall prohibit the unit owners from leasing up to |
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| 20% of the total units, as long as the unit owners otherwise |
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| comply with the provisions of this Act. "; and |
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| on page 41, by replacing lines 4 through 11 with the following: |
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| " (a) For a common interest community or homeowners' |
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| association incorporated after the effective date of this |
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| amendatory Act of the 95th General Assembly, and for a common |
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| interest community or homeowners' association that currently |
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| permits leasing, notwithstanding any other provision in the |
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| common interest community's or homeowners' association's |
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| declaration, covenants, bylaws, rules, regulations, or other |
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| instruments or any construction of those instruments by a |
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| common interest community's or homeowners' association's board |
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| of directors, a homeowners' association or common interest |
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| community incorporated under this Act may not prohibit 20% of |
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| the total units from being used as leasing property. ".
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