Illinois legislation · 104th General Assembly
Illinois HB5449: CONDO CI ASSN-DISCLSOURE INFO
Status: Signed into law, August 7, 2026
Amends the Common Interest Community Association Act and the Condominium Property Act. Requires the board of directors to provide a website that unit owners can access on the Internet that includes information about board and association meetings, agendas, and minutes of the last meeting. Requires that the board must transmit quarterly to the members electronically via email a statement of the association's financial data, to include, but not be limited to, receipts, expenses, invoices, contracts, and obligations. Requires any fee increase of any kind that is more than 10% must be approved by 75% of the unit owners notwithstanding any other provision in this Act or in the association's instruments.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB5449Introduced 2/13/2026, by Rep. Rita MayfieldSYNOPSIS AS INTRODUCED: ILCS 160/1-30765 ILCS 160/1-45765 ILCS 605/18.4from Ch. 30, par. 318.4765 ILCS 605/40 new 765 ILCS 160/1-30 765 ILCS 160/1-45 765 ILCS 605/18.4 from Ch. 30, par. 318.4 765 ILCS 605/40 new ILCS 160/1-30 ILCS 160/1-45 ILCS 605/18.4 from Ch. 30, par. 318.4 ILCS 605/40 new Amends the Common Interest Community Association Act and theCondominium Property Act…
From the introduced text, February 6, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB5449Introduced 2/13/2026, by Rep. Rita MayfieldSYNOPSIS AS INTRODUCED: ILCS 160/1-30765 ILCS 160/1-45765 ILCS 605/18.4from Ch. 30, par. 318.4765 ILCS 605/40 new 765 ILCS 160/1-30 765 ILCS 160/1-45 765 ILCS 605/18.4 from Ch. 30, par. 318.4 765 ILCS 605/40 new ILCS 160/1-30 ILCS 160/1-45 ILCS 605/18.4 from Ch. 30, par. 318.4 ILCS 605/40 new Amends the Common Interest Community Association Act and theCondominium Property Act. Requires the board of directors to provide awebsite that unit owners can access on the Internet that includesinformation about board and association meetings, agendas, and minutes ofthe last meeting. Requires that the board must transmit quarterly to themembers electronically via email a statement of the association'sfinancial data, to include, but not be limited to, receipts, expenses,invoices, contracts, and obligations. Requires any fee increase of anykind that is more than 10% must be approved by 75% of the unit ownersnotwithstanding any other provision in this Act or in the association'sinstruments. LRB104 18328 JRC 31768 b LRB104 18328 JRC 31768 b LRB104 18328 JRC 31768 b A BILL FOR HB5449LRB104 18328 JRC 31768 b HB5449 LRB104 18328 JRC 31768 b HB5449 LRB104 18328 JRC 31768 b AN ACT concerning civil law. Be it enacted by the People of the State of Illinois, represented in the General Assembly: …