CULLERTON. (ERWIN-FEIGENHOLTZ-CURRIE) 765 ILCS 605/12 765 ILCS 605/12.1 from Ch. 30, par. 312.1 Amends the Condominium Property Act. Replaces provisions concerning (i) insurance for condominium associations and (ii) risk pooling trust funds for condominium associations or common interest community associations. Requires that a condominium association maintain property insurance, general liability insurance, and a fidelity bond and liability coverage for directors and officers. Provides that a condominium association may require unit owners to obtain insurance coverage. Requires the Director of Insurance to adopt reasonable rules pertaining to the standards of coverage and administration of risk pooling trust funds. GOVERNOR'S AMENDATORY VETO MESSAGE Recommends that no policy of insurance shall be delivered to a condominium association, and no policy shall be renewed, unless the policy includes the specified coverages (instead of providing simply that a condominium association must maintain the specified coverages). Provides that property insurance must include coverage for increased costs of construction due to building code requirements (instead of coverage for such requirements). Removes a provision requiring 60 days' notice of a proposed cancellation of insurance. FEB-22-2001 S FIRST READING FEB-22-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-06-2001 S POSTPONED MAR-20-2001 S POSTPONED MAR-27-2001 S DO PASS 008-000-000 SINS MAR-27-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-28 MAR-28-2001 S SECOND READING MAR-28-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-29 MAR-29-2001 S THIRD READING - PASSED 055-000-000 MAR-29-2001 H ARRIVE IN HOUSE MAR-29-2001 H PLACED CALENDAR ORDER OF FIRST READING MAR-29-2001 H HOUSE SPONSOR ERWIN MAR-30-2001 H FIRST READING MAR-30-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-03-2001 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW APR-26-2001 H DO PASS/SHORT DEBATE 008-000-000 HJUA APR-26-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAY-02-2001 H ADDED AS A JOINT SPONSOR CURRIE MAY-02-2001 H ADDED AS A JOINT SPONSOR FEIGENHOLTZ MAY-02-2001 H SECOND READING-SHORT DEBATE MAY-02-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-02-2001 H JOINT-ALTERNATE-SPONSOR CHANGED TO FEIGENHOLTZ MAY-08-2001 H THIRD READING/SHORT DEBATE/PASSED 113-000-000 MAY-08-2001 S PASSED BOTH HOUSES JUN-06-2001 S SENT TO THE GOVERNOR AUG-03-2001 S GOVERNOR AMENDATORY VETO NOV-07-2001 S PLACED CALENDAR AMENDATORY VETO NOVEMBER 13, 2001 NOV-13-2001 S MOTION FILED ACCEPT AMENDATORY VETO CULLERTON NOV-14-2001 S ACCEPT AMENDATORY VETO - SENATE PASSED 059-000-000 NOV-15-2001 H ARRIVE IN HOUSE NOV-15-2001 H MOTION FILED ACCEPT AMENDATORY VETO #1/ERWIN NOV-15-2001 H MOTION REFERRED TO HRUL NOV-15-2001 H PLACED CALENDAR AMENDATORY VETO NOVEMBER 27, 2001 NOV-27-2001 H RECOMMENDS BE ADOPTED HRUL/004-000-000 NOV-27-2001 H ACCEPT AMENDATORY VETO - HOUSE PASSED 114-000-000 NOV-27-2001 S BOTH HOUSES ACCEPT AMENDATORY VETO DEC-07-2001 S RETURNED TO GOVERNOR FOR CERTIFICATION JAN-01-2002 S GOVERNOR CERTIFIES CHANGES JAN-01-2002 S EFFECTIVE DATE 02-06-01 JAN-01-2002 S PUBLIC ACT.............................. 92-0518 END OF INQUIRY Full Text Bill Summary