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.
House Floor Amendment No. 2: Replaces everything after the enacting clause. Deletes provisions that requires any fee increase of any kind that is more than 10% to be approved by 75% of the unit owners notwithstanding any other provision in the Condominium Property Act, the Common Interest Community Association Act, or in the association's instruments. Requires that a board of directors must provide a website as soon as practicable 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 annually 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.
Senate Floor Amendment No. 3: Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes. Further amends the Common Interest Community Association Act and the Condominium Property Act. Makes changes in provisions concerning the provision of financial data to association members and in provisions concerning the information that must be supplied by association boards on their websites.

Statutes affected:
Introduced: 765 ILCS 160/1, 765 ILCS 605/18, 765 ILCS 605/40
Engrossed: 765 ILCS 160/1, 765 ILCS 605/18
Enrolled: 765 ILCS 160/1, 765 ILCS 605/18