Judiciary I - Civil Law Committee
Filed: 3/12/2008
 
 

 




 

 		












09500HB5189ham001

LRB095 18627 AJO 47999 a






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AMENDMENT TO HOUSE BILL 5189 




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    AMENDMENT NO. ______. Amend House Bill 5189, on page 33, by 
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replacing lines 21 through 25 with the following:


 
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"covenants, rules, regulations or bylaws. However, nothing in 
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this Act  or the declarations, bylaws, rules and regulations of 
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an association that currently permits leasing or of an 
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association incorporated after the effective date of this 
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amendatory Act of the 95th General Assembly, shall prohibit the 
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unit owners from leasing up to 20% of the units, as long as the 
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unit owners  otherwise comply  with the provisions of this Act."; 
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and
 
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on page 37, by replacing lines 17 through 21 with the 
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following:
 
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"to the front-door area of a condominium unit.  However, for 
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associations incorporated after the effective date of this 
 


 






09500HB5189ham001
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LRB095 18627 AJO 47999 a




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amendatory Act of the 95th General Assembly, and for 
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associations that currently permit leasing, no declarations, 
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by-laws, rules or regulations, or other condominium 
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instruments shall prohibit the unit owners from leasing up to 
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20% of the total units, as long as the unit owners  otherwise 
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comply  with the provisions of this Act."; and
 
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on page 41, by replacing lines 4 through 11 with the following:
 
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    "(a) For a common interest community or homeowners' 
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association incorporated after the effective date of this 
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amendatory Act of the 95th General Assembly, and for a  common 
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interest community or homeowners' association that currently 
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permits leasing, notwithstanding any other provision in the 
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common interest community's or homeowners' association's 
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declaration, covenants, bylaws, rules, regulations, or other 
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instruments or any construction of those instruments by a 
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common interest community's  or homeowners' association's board 
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of directors, a homeowners' association or common interest 
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community incorporated under this Act may not prohibit 20% of 
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the total units from being used as leasing property.".