HB5189ham001 95TH GENERAL ASSEMBLY

Judiciary I - Civil Law Committee

Filed: 3/12/2008

09500HB5189ham001 LRB095 18627 AJO 47999 a

AMENDMENT TO HOUSE BILL 5189

AMENDMENT NO. ______. Amend House Bill 5189, on page 33, by replacing lines 21 through 25 with the following:

"covenants, rules, regulations or bylaws. However, nothing in this Act or the declarations, bylaws, rules and regulations of an association that currently permits leasing or of an association incorporated after the effective date of this amendatory Act of the 95th General Assembly, shall prohibit the unit owners from leasing up to 20% of the units, as long as the unit owners otherwise comply with the provisions of this Act."; and

on page 37, by replacing lines 17 through 21 with the following:

"to the front-door area of a condominium unit. However, for associations incorporated after the effective date of this amendatory Act of the 95th General Assembly, and for associations that currently permit leasing, no declarations, by-laws, rules or regulations, or other condominium instruments shall prohibit the unit owners from leasing up to 20% of the total units, as long as the unit owners otherwise comply with the provisions of this Act."; and

on page 41, by replacing lines 4 through 11 with the following:

"(a) For a common interest community or homeowners' association incorporated after the effective date of this amendatory Act of the 95th General Assembly, and for a common interest community or homeowners' association that currently permits leasing, notwithstanding any other provision in the common interest community's or homeowners' association's declaration, covenants, bylaws, rules, regulations, or other instruments or any construction of those instruments by a common interest community's or homeowners' association's board of directors, a homeowners' association or common interest community incorporated under this Act may not prohibit 20% of the total units from being used as leasing property.".