92nd General Assembly
Status of SB1046
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   765 ILCS 605/12                                                             
   765 ILCS 605/12.1         from Ch. 30, par. 312.1                           

        Amends  the  Condominium  Property  Act.    Replaces   provisions      
   concerning  (i)  insurance  for condominium associations and (ii) risk      
   pooling trust funds for condominium associations  or  common  interest      
   community  associations.   Requires  that  a  condominium  association      
   maintain  property  insurance,  general  liability  insurance,  and  a      
   fidelity  bond  and  liability  coverage  for  directors and officers.      
   Provides that a condominium association may  require  unit  owners  to      
   obtain  insurance  coverage.   Requires  the  Director of Insurance to      
   adopt reasonable rules pertaining to the  standards  of  coverage  and      
   administration of risk pooling trust funds.                                 
        GOVERNOR'S AMENDATORY VETO MESSAGE                                     
        Recommends that no policy of insurance shall be delivered to a         
   condominium association, and no policy shall be renewed, unless the         
   policy includes the specified coverages (instead of providing simply        
   that a condominium association must maintain the specified coverages).      
   Provides that property insurance must include coverage for increased        
   costs of construction due to building code requirements (instead of         
   coverage for such requirements). Removes a provision requiring 60           
   days' notice of a proposed cancellation of insurance.                       
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-06-2001  S                                 POSTPONED                       
   MAR-20-2001  S                                 POSTPONED                       
   MAR-27-2001  S       DO PASS                             008-000-000   SINS    
   MAR-27-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-28              
   MAR-28-2001  S  SECOND READING                                                 
   MAR-28-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-29              
   MAR-29-2001  S  THIRD READING - PASSED                   055-000-000           
   MAR-29-2001  H  ARRIVE IN HOUSE                                                
   MAR-29-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   MAR-29-2001  H  HOUSE SPONSOR                            ERWIN                 
   MAR-30-2001  H  FIRST READING                                                  
   MAR-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-03-2001  H       ASSIGNED TO COMMITTEE               JUD-CIVIL LAW         
   APR-26-2001  H  DO PASS/SHORT DEBATE                     008-000-000   HJUA    
   APR-26-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-02-2001  H  ADDED AS A JOINT SPONSOR                 CURRIE                
   MAY-02-2001  H  ADDED AS A JOINT SPONSOR                 FEIGENHOLTZ           
   MAY-02-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-02-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-08-2001  H  THIRD READING/SHORT DEBATE/PASSED        113-000-000           
   MAY-08-2001  S  PASSED BOTH HOUSES                                             
   JUN-06-2001  S  SENT TO THE GOVERNOR                                           
   AUG-03-2001  S  GOVERNOR AMENDATORY VETO                                       
   NOV-07-2001  S  PLACED CALENDAR AMENDATORY VETO          NOVEMBER 13, 2001     
   NOV-14-2001  S  ACCEPT AMENDATORY VETO - SENATE PASSED   059-000-000           
   NOV-15-2001  H  ARRIVE IN HOUSE                                                
   NOV-15-2001  H  MOTION FILED ACCEPT AMENDATORY VETO      #1/ERWIN              
   NOV-15-2001  H                        MOTION REFERRED TO HRUL                  
   NOV-15-2001  H  PLACED CALENDAR AMENDATORY VETO          NOVEMBER 27, 2001     
   NOV-27-2001  H  RECOMMENDS BE ADOPTED                    HRUL/004-000-000      
   NOV-27-2001  H  ACCEPT AMENDATORY VETO - HOUSE PASSED    114-000-000           
   NOV-27-2001  S  BOTH HOUSES ACCEPT AMENDATORY VETO                             
   DEC-07-2001  S  RETURNED TO GOVERNOR FOR CERTIFICATION                         
   JAN-01-2002  S  GOVERNOR CERTIFIES CHANGES                                     
   JAN-01-2002  S                            EFFECTIVE DATE 02-06-01              
   JAN-01-2002  S  PUBLIC ACT.............................. 92-0518               


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