Commercial Banking, Collections, and Bankruptcy

(Mulroe, D-Chicago) amends the powers and duties' section of the current Act. Under current law, the board (by a majority vote of the entire board of managers) has the right to assign the right of the association to future income from common expenses or other sources and to mortgage or pledge substantially all the remaining assets of the association unless the condominium instruments expressly provide to the contrary. Senate Bill 2356 deletes the statutory clause "unless the condominium instruments provide to the contrary." Scheduled for hearing this Wednesday in Senate Judiciary Committee. 

(Mulroe, D-Chicago) requires an assignment of a developer's interest in the property to be in writing and recorded for it to be effective. Scheduled for hearing this Wednesday in Senate Judiciary Committee. 

(Connelly, R-Lisle) allows a unit owner to retain ownership of his or her unit in one situation. That situation would be if the fair market value is not at least 90% of the price the unit owner paid for the unit if the unit owner files a written objection to a sale of condominium property within 20 days after the date of the meeting at which the sale was approved. This change would apply to sales that are pending or commenced on and after the effective date. Assigned to Senate Judiciary Committee.

(Hutchinson, D-Chicago Heights prohibits parties in civil litigation from using a preemptory challenge to remove a prospective juror on the basis of their race, color, religion, national origin, economic status, sexual orientation, or gender identity. Assigned to the Committee on Assignments waiting for referral to a substantive committee. 

(Link, D-Gurnee) amends the existing statute to allow Lake County to impose a "judicial facilities fee" not to exceed $30 against all defendants in traffic and criminal cases and against all civil litigants. The fee would be used to construct new judicial facilities. Only Will and Kane counties have this authority under existing law. Scheduled for hearing in Senate Judiciary Committee. 

(Manar, D-Bunker Hill) allows all county boards to impose by ordinance a “judicial facilities fee” on all defendants convicted in traffic and criminal cases and all civil litigants. The fee may not be more than $30. It also expands the use of this fee from defraying new construction to include renovating existing judicial facilities. Under current law, only Will and Kane counties have authority to do impose this fee for new construction. Scheduled for hearing Tuesday in Senate Judiciary Committee. 

(Silverstein, D-Chicago) seeks to reverse the holding of the Mendelson case (2015 IL App (2d) 150084). Senate Bill 2842 provides that the transfer of property to a trust requires a transfer of legal title to the trustee evidenced by a written instrument of conveyance and acceptance by the trustee. Provides that for any interest in real property to become trust property in a trust of which any transferor is a trustee, the instrument of conveyance shall additionally be recorded in the appropriate real property records. It is shceduled for hearing in Senate Judiciary Committee tomorrow. 

(Rose, R-Mahomet) amends the Code of Civil Procedure to provide that if the respondent fails to appear on the date that the court conducts an inquiry related to the discharge of a bond, the court may proceed with the inquiry and resolve any questions that arise. Referred to the Committee on Assignments.