Referred to Assignments
Summary
The resolution establishes the Illinois Condominium Governance and Transparency Task Force, which will examine issues like board oversight, financial reporting, reserve funding, building safety, and owner rights. It includes legislators, condo owners, managers, experts, and state officials, and must submit a report with recommendations by Jan. 7, 2027. The findings aim to improve transparency and protect the four million Illinois residents who live in condos or similar communities.
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