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HB 5449

Illinois House of Representatives bill in Session 104.

Status: failed. Latest action: May 6, 2026.

CONDO CI ASSN-DISCLSOURE INFO.

Bill ID IL-104-HB-5449
Session 104
Status failed
Committee Assignments
House of Representatives failed 2026-05-06
Summary

Amends the Common Interest Community Association Act and the Condominium Property Act. Requires the board of directors to provide a website that unit owners can access on the Internet that includes information about board and association meetings, agendas, and minutes of the last meeting. Requires that the board must transmit quarterly to the members electronically via email a statement of the association's financial data, to include, but not be limited to, receipts, expenses, invoices, contracts, and obligations. Requires any fee increase of any kind that is more than 10% must be approved by 75% of the unit owners notwithstanding any other provision in this Act or in the association's instruments.

Sponsor
Rita Mayfield
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-13 Introduced Bill introduced
2026-05-06 Status failed
2026-05-06 Latest Action 5/06/2026 - Senate:
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