PROPERTY-RETIREMENT COMMUNITY House SponsorsRep. Sam Yingling 1/10/2023HouseSession Sine Die 765 ILCS 160/1-5765 ILCS 160/1-45 Amends the Common Interest Community Association Act. Defines a "retirement community" as a community intended and operated: (i) for occupancy by persons 55 years of age or older; and (ii) with at least 80% of the occupied units occupied by at least one person 55 years of age or older. Provides that the real estate taxes on a unit in a retirement community shall be assessed on the unit and paid by the unit owner. Provides that only real estate taxes on a common area may be included in an assessment. Provides that a common interest community shall provide a detailed breakdown of all costs in an association assessment, including a breakdown of real estate tax information. Effective immediately. 1/25/2021HouseFiled with the Clerk by Rep. Sam Yingling 1/29/2021HouseFirst Reading 1/29/2021HouseReferred to Rules Committee 2/23/2021HouseAssigned to Revenue & Finance Committee 3/4/2021HouseTo Property Tax Subcommittee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die