Condominium Advisory Council (CAC) 2008 October 6

Illinois House Bill 0759, enacted in August, 2007 created the Condominium Advisory Council (CAC).  The purpose of the CAC is to identify issues facing condominium owners, associations, and other persons with financial interests in condominiums as well as to examine the Condominium Property Act. The CAC is holding a public hearing in order to hear public testimony and feedback regarding condominium issues. Click on the image to the left to read the Illinois Condominium Advisory Council Act.  If you are unable to attend, but would like to submit a testimony or raise issues for review by the CAC, please feel free to contact Illinois Senator Mattie Hunter at senatorhunter03@sbcglobal.net.  

 

Where: Illinois Institute of Technology, Herman Hall Conference Center -Grand Ballroom (3241 S. Federal St.)

 

When: Monday, October 6th from 6pm to 8pm

PROPERTY
(765 ILCS 610/) Condominium Advisory Council Act.

    (765 ILCS 610/1) 
    Sec. 1. Short title. This Act may be cited as the Condominium Advisory Council Act. 
(Source: P.A. 95‑129, eff. 8‑13‑07.)

    (765 ILCS 610/5) 
    Sec. 5. Definitions. In this Act:
    "Condominium" refers to property described in the Condominium Property Act.
    "Council" means the Condominium Advisory Council. 
(Source: P.A. 95‑129, eff. 8‑13‑07.)

    (765 ILCS 610/10) 
    Sec. 10. Condominium Advisory Council. 
    (a) Subject to appropriation, the Condominium Advisory Council is created within the Department of Revenue. Subject to appropriation, the Department of Revenue shall provide administrative and financial support to the Council. The Council shall be composed of 7 members appointed as follows:
        (1) Four members of the General Assembly, one each

appointed by the President of the Senate, the Minority Leader of the Senate, the Speaker of the House of Representatives, and the Minority Leader of the House of Representatives.

(2) Three members of the public who have knowledge or

ownership interests in condominiums appointed by the Governor.

(b) The Governor shall designate one of the members of

the Council as chairperson. The Council may chose such other officers as it deems appropriate. The Council shall meet at the call of the chairperson.

(c) The members of the Council shall receive no

compensation for their services as members of the Council but may be reimbursed for actual expenses incurred in the performance of their duties on the Council from appropriations made to them for such purpose.

(d) A majority of the members of the Council shall

constitute a quorum to do business and a majority vote of the members of the Council shall be necessary for a decision of the Council.

(Source: P.A. 95‑129, eff. 8‑13‑07.)

    (765 ILCS 610/15) 
    Sec. 15. Council duties. The Council shall:
        (1) identify issues facing condominium owners,

condominium associations, and other persons who have financial interests in condominiums;

(2) study the Condominium Property Act and related

Acts that affect condominium ownership and suggest legislation to the General Assembly to amend those Acts; and

(3) report its findings and recommendations to the

Governor and General Assembly by January 31, 2009.

(Source: P.A. 95‑129, eff. 8‑13‑07; 95‑742, eff. 7‑18‑08.)

    (765 ILCS 610/20) 
    Sec. 20. Dissolution of Council. The Council shall be dissolved 30 days after it reports its findings and recommendations to the Governor and General Assembly. 
(Source: P.A. 95‑129, eff. 8‑13‑07.)

    (765 ILCS 610/99) 
    Sec. 99. Effective date. This Act takes effect upon becoming law. 
(Source: P.A. 95‑129, eff. 8‑13‑07.)