<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2632   </title>
<shortdesc>CONDO-MANAGER LICENSE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John J. Cullerton</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 605/18.7 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.663 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Condominium Property Act. Requires licensing of managers of community associations. Creates the Community Association Manager Regulatory Commission, whose members are appointed by the Governor, to administer the licensing. Requires the payment of fees. Sets forth licensing requirements. Provides for discipline and other matters. Amends the State Finance Act to create a special fund. Effective July 1, 2008.</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/8/2006</statusdate><chamber>Senate</chamber><action>Assigned to Licensed Activities</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Held in Licensed Activities</action>
<statusdate>2/17/2006</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

