CONDOMINIUM TASK FORCE

Illinois General Assembly - Full Text of HJR0060

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HJR0060 - 104th General Assembly

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HJ0060
LRB104 21414 MST 36422 r
1
HOUSE JOINT RESOLUTION

2

WHEREAS, More than four million residents of Illinois live
3
in condominiums or common interest community associations; and

4

WHEREAS, These associations are responsible for managing
5
residential properties, financial assets, and critical
6
infrastructure systems that directly affect the safety and
7
financial well-being of homeowners; and

8

WHEREAS, Association governance structures often rely on
9
volunteer boards and professional management, creating
10
potential gaps in oversight, transparency, and accountability;
11
and

12

WHEREAS, Unit owners may face challenges in accessing
13
timely and accurate information related to finances, reserves,
14
building conditions, and major repair obligations; and

15

WHEREAS, Current law does not provide comprehensive
16
mechanisms for enforcement, dispute resolution, or
17
standardized governance practices; and

18

WHEREAS, Deferred maintenance, underfunded reserves,
19
inadequate financial oversight, and lack of transparency may
20
expose homeowners to significant financial risk and potential

HJ0060
- 2 -
LRB104 21414 MST 36422 r
1
safety hazards; therefore, be it

2

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE
3
HUNDRED FOURTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
4
SENATE CONCURRING HEREIN, that the Illinois Condominium
5
Governance and Transparency Task Force is created to study the
6
transparency, financial integrity, and safe living conditions
7
of residents of condominiums and common interest community
8
associations; and be it further

9

RESOLVED, That the Task Force is charged with specifically
10
examining and making recommendations regarding the following:
11

(1) Board governance and training;
12

(2) Financial transparency and reporting;
13

(3) Independent financial audits and internal
14

controls;
15

(4) Reserve funding and capital planning;
16

(5) Building safety oversight;
17

(6) Infrastructure risk and long-term maintenance;
18

(7) Transparency in major capital projects;
19

(8) Owner access to records;
20

(9) Property management roles and conflicts of
21

interest;
22

(10) Dispute resolution options;
23

(11) Protections for owners raising concerns; and
24

(12) Best practices from other states; and be it

HJ0060
- 3 -
LRB104 21414 MST 36422 r
1

further

2

RESOLVED, That the Task Force shall consist of the
3
following members who shall serve without compensation:
4

(1) One member of the House of Representatives
5

appointed by the Speaker of the House, who shall serve as
6

co-chair;
7

(2) One member of the House of Representatives
8

appointed by the House Minority Leader, who shall serve as
9

co-chair;
10

(3) One member of the Senate appointed by the Senate
11

President;
12

(4) One member of the Senate appointed by the Senate
13

Minority Leader;
14

(5) 3 condominium unit owners appointed by the
15

Governor;
16

(6) 1 common interest community unit owner appointed
17

by the Speaker of the House;
18

(7) 1 condominium or association manager appointed by
19

the House Minority Leader;
20

(8) 1 licensed community association manager appointed
21

by the Senate President;
22

(9) 1 attorney with experience in condominium or
23

common interest community law appointed by the Senate
24

Minority Leader;
25

(10) 1 building engineer, structural expert, or

HJ0060
- 4 -
LRB104 21414 MST 36422 r
1

reserve study professional appointed by the Speaker of the
2

House;
3

(11) 1 financial expert with experience in auditing or
4

accounting appointed by House Minority Leader;
5

(12) 1 individual with experience in construction or
6

capital project management appointed by the Senate
7

President;
8

(13) 1 consumer protection or housing advocate
9

appointed by the Senate Minority Leader;
10

(14) the Secretary of the Illinois Department of
11

Financial and Professional Regulation or his or her
12

designee; and
13

(15) the Illinois Condominium & Common Interest
14

Community Ombudsperson or his or her designee; and be it
15

further

16

RESOLVED, That initial appointments to the Task Force
17
shall be made no more than three months after adoption of this
18
resolution, and if a vacancy occurs in the Task Force
19
membership it shall be filled in the same manner as the
20
original appointment; and be it further

21

RESOLVED, That the Illinois Department Financial and
22
Professional Regulation shall provide administrative support
23
for the Task Force in consultation with the Illinois
24
Condominium & Common Interest Community Ombudsperson; and be

HJ0060
- 5 -
LRB104 21414 MST 36422 r
1
it further

2

RESOLVED, That the Task Force shall hold its first meeting
3
at the call of the co-chairs and meet at least once per month
4
until it completes its work and may hold additional meetings
5
as necessary to carry out its duties; and be it further

6

RESOLVED, That the Task Force shall submit a written
7
report of its findings and recommendations to the Governor and
8
the General Assembly no later than January 7, 2027, and upon
9
the filing of this report, the Task Force is dissolved; and be
10
it further

11

RESOLVED, That suitable copies of this resolution be
12
delivered to the Speaker of the House, the House Minority
13
Leader, the Senate President, the Senate Minority Leader, the
14
Governor, the Secretary of the Illinois Department of
15
Financial and Professional Regulation, and the Illinois
16
Condominium & Common Interest Community Ombudsperson.

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