Illinois · House Bill 2563 · 104th General Assembly

CONDO-RESERVE STUDY

HB 2563 Sponsored by Kam Buckner In committee

  1. Introduced Feb 4, 2025
  2. In committee Feb 4, 2025
  3. Passed the House Next
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Common Interest Community Association Act. Requires a common interest association to conduct and update a reserve study every 5 years. "Reserve study" means an analysis of the reserves required for future major maintenance, repairs, and replacements of the common elements. Grants a 5-year window for an association to conduct a reserve study or update a current study. Requires a reserve study to be made…

Read the full title (119 words)

Amends the Common Interest Community Association Act. Requires a common interest association to conduct and update a reserve study every 5 years. "Reserve study" means an analysis of the reserves required for future major maintenance, repairs, and replacements of the common elements. Grants a 5-year window for an association to conduct a reserve study or update a current study. Requires a reserve study to be made available to any prospective purchaser of a unit upon request for a resale of any unit in the community. Exempts an association with 15 or fewer units but still requires the board to comply with the budgeting and reserve requirements elsewhere in the Act. Amends the Condominium Property Act to make similar changes.

Every action

26 steps, oldest first, as the legislature records them.

Show the 18 earlier steps
  1. HouseFiled with the Clerk by Rep. Terra Costa Howard
  2. HouseAdded Chief Co-Sponsor Rep. Rick Ryan
  3. HouseFirst Reading
  4. CommitteeReferred to Rules Committee · House Rules
  5. CommitteeAssigned to Judiciary - Civil Committee · House Judiciary - Civil
  6. HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Terra Costa Howard
  7. CommitteeHouse Committee Amendment No. 1 Referred to Rules Committee · House Rules
  8. CommitteeTo Commercial & Property Law Subcommittee · House Commercial & Property Law Sub
  9. CommitteeHouse Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee · House Judiciary - Civil
  10. HouseAdded Co-Sponsor Rep. Harry Benton
  11. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  12. CommitteeHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee · House Rules
  13. HouseAdded Co-Sponsor Rep. Janet Yang Rohr
  14. HouseChief Sponsor Changed to Rep. Kam Buckner
  15. HouseAdded Co-Sponsor Rep. Jay Hoffman
  16. CommitteeAssigned to Judiciary - Civil Committee · House Judiciary - Civil
  17. HouseAdded Co-Sponsor Rep. Barbara Hernandez
  18. CommitteeMotion Filed to Suspend Rule 21 Judiciary - Civil Committee; Rep. Robyn Gabel · House Judiciary - Civil
  1. HouseMotion to Suspend Rule 21 - Prevailed 072-039-000
  2. CommitteeDo Pass / Short Debate Judiciary - Civil Committee; 020-000-000 · House Judiciary - Civil
  3. HouseHouse Committee Amendment No. 1 Tabled
  4. HousePlaced on Calendar 2nd Reading - Short Debate
  5. HouseSecond Reading - Short Debate
  6. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  7. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  8. HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock

Roll calls

1 recorded vote: 0 on the floor, 1 in committee. Each shows how every member voted.

Committee votes

DateWhereQuestionResult
Mar 26, 2026 House Judiciary - Civil Judiciary - Civil - Do Pass
Members

Yes · 20

 Passed 20–0

Sponsors

The member who introduced it, joined by 6 cosponsors: 6 Democrats.

All 6 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.