Civic IQ
STATE BILLIL SB 3401ENGROSSED
Get alerts

CONDO-RESERVE STUDY

State of Illinois

Amends the Common Interest Community Association Act. Requires a common interest association to conduct and update a reserve study every 5 years. "Reserve study" means an analysis of the reserves required for future major maintenance, repairs, and replacements of the common elements. Grants a 5-year window for an association to conduct a reserve study or update a current study. Requires a reserve study to be made available to any prospective purchaser of a unit upon request for a resale of any unit in the community. Exempts an association with 15 or fewer units but still requires the board to comply with the budgeting and reserve requirements elsewhere in the Act. Amends the Condominium Property Act to make similar changes.

Status
Engrossed
Passed its first chamber
Status date
Apr 15, 2026
211 days ago
Current chamber
House of Representatives
Session
2025-2026 Regular Session
IL SB 3401 · EngrossedApr 15

Follow the legislation that affects what you sell.

Get started free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this bill →

What it means for vendors

Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.

What this bill would fund or requireThe spending and mandates in the bill, in plain languageTop matches freeWhy it matters for what you sellMatched to your products, with how to open the conversationTop matches free1 signal from this bill in Civic IQSee them free →

Bill details

Last action
Added Alternate Co-Sponsor Rep. Janet Yang Rohr · May 18, 2026
Pending committee
Rules

Sponsors

RMRobert MartwickSenator · Democrat · SD-010Primary sponsor
KBKambium BucknerRepresentative · Democrat · HD-026Primary sponsor
DDDonald DeWitteSenator · Republican · SD-033
DHDarby HillsSenator · Republican · SD-026
MHMattie HunterSenator · Democrat · SD-003
RRRick RyanRepresentative · Democrat · HD-036
JYJanet Yang RohrRepresentative · Democrat · HD-041

Bill history

Newest first.

May 18, 2026Added Alternate Co-Sponsor Rep. Janet Yang RohrHouse
May 15, 2026House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules CommitteeHouse
May 15, 2026Rule 19(a) / Re-referred to Rules CommitteeHouse
May 14, 2026Added Alternate Co-Sponsor Rep. Rick RyanHouse
May 12, 2026House Committee Amendment No. 1 Rules Refers to Judiciary - Civil CommitteeHouse
May 8, 2026House Committee Amendment No. 1 Referred to Rules CommitteeHouse
May 8, 2026House Committee Amendment No. 1 Filed with Clerk by Rep. Kam BucknerHouse
May 7, 2026Committee Deadline Extended-Rule 9(b) May 15, 2026House
Show 20 earlier actions
Apr 27, 2026Assigned to Judiciary - Civil CommitteeHouse
Apr 15, 2026Referred to Rules CommitteeHouse
Apr 15, 2026First ReadingHouse
Apr 15, 2026Chief House Sponsor Rep. Kam BucknerHouse
Apr 15, 2026Arrived in HouseHouse
Apr 15, 2026Added as Co-Sponsor Sen. Mattie HunterSenate
Apr 15, 2026Third Reading - Passed; 055-000-000Senate
Apr 14, 2026Placed on Calendar Order of 3rd Reading April 15, 2026Senate
Apr 14, 2026Second ReadingSenate
Mar 25, 2026Placed on Calendar Order of 2nd Reading March 26, 2026Senate
Mar 25, 2026Do Pass Judiciary; 008-000-000Senate
Mar 25, 2026Reported Back To Judiciary; 003-000-000Senate
Mar 13, 2026Rule 2-10 Committee Deadline Established As March 27, 2026Senate
Feb 26, 2026Added as Co-Sponsor Sen. Darby A. HillsSenate
Feb 25, 2026To CondominiumsSenate
Feb 25, 2026Added as Co-Sponsor Sen. Donald P. DeWitteSenate
Feb 17, 2026Assigned to JudiciarySenate
Feb 4, 2026Referred to AssignmentsSenate
Feb 4, 2026First ReadingSenate
Feb 4, 2026Filed with Secretary by Sen. Robert F. MartwickSenate

Recorded votes

Senate Condominiums CommitteeMar 25, 2026 · Senate · 3 yea · 0 nayPassed
Senate Judiciary CommitteeMar 25, 2026 · Senate · 8 yea · 0 nayPassed
Senate Third ReadingApr 15, 2026 · Senate · 55 yea · 0 nayPassed

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

View on the legislature's site(opens in a new tab)View on LegiScan(opens in a new tab)

Bill data from LegiScan, licensed under CC BY 4.0.

Work in government? Get Civic IQ free →
State of Illinois profile →

Start finding government buyers today.
It's free.

B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.

Get started free

No credit card required