CONDOMINIUM TASK FORCE
Establishes a Task Force to study and recommend improved governance, financial transparency, safety, and accountability for Illinois condominiums and common-interest communities.
Establishes a Task Force to study and recommend improved governance, financial transparency, safety, and accountability for Illinois condominiums and common-interest communities.
The Task Force is charged with examining and recommending on the following topics:
1. Board governance, director training, procurement practices, and conflicts of interest
2. Financial transparency and reporting
3. Reserve funding and long-term capital planning
4. Building safety oversight
5. Infrastructure risk and long-term maintenance
6. Transparency in major capital projects
7. Access by owners to association records
8. Dispute resolution options
9. Protections for owners raising concerns
10. Election integrity and owner voting procedures
11. Enforcement mechanisms and potential coordination with the Office of the Attorney General for systemic misconduct
12. Review of the 2007 Condominium Advisory Council Report and any recommendations that remain unimplemented or unenforced
Note: This is a concurrent House-Senate resolution to create a study task force; it does not by itself enact new law but can lead to proposed statutory changes based on the Task Force’s recommendations.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.