SB 3434

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Dfpr-Hoa/Condo Board Training

Abstract

Amends the Common Interest Community Association Act and the Condominium Property Act. Beginning in 2023, requires all common interest community association board members and all members of a condominium board of managers to complete, at least annually, a training program that educates the member in the member's role and fiduciary responsibilities as a member of the board. Requires the Department of Financial and Professional Regulation to produce a model training program and make it available online to the public at no cost. Allows the Department to offer training seminars at a reasonable fee. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 10, 2023

Senate

Session Sine Die

Feb 18, 2022

Senate

Rule 3-9(a) / Re-referred to Assignments

Feb 10, 2022

Senate

Rule 2-10 Committee Deadline Established As February 18, 2022

Feb 07, 2022

Senate

To Judiciary- Property Law

Jan 26, 2022

Senate

Assigned to Judiciary

Jan 18, 2022

Senate

Filed with Secretary by Sen. Adriane Johnson

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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