# Illinois SB3401: CONDO-RESERVE STUDY

Illinois SB3401, CONDO-RESERVE STUDY, is a 104th General Assembly (2025–2026) Senate bill sponsored by Robert F. Martwick (Democratic); status passed senate, last action 2026-05-18 (Added Alternate Co-Sponsor Rep. Janet Yang Rohr); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB3401-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB3401
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: CONDO-RESERVE STUDY
- Status: passed senate
- Chamber: Senate
- Introduced: 2026-02-04
- Last action: 2026-05-18, Added Alternate Co-Sponsor Rep. Janet Yang Rohr
- Sponsor: Robert F. Martwick (Democratic)
- Cosponsors: 6
- Subjects: assignments, judiciary, judiciary - civil
- Touches household money: yes
- Roll calls: 3 (66 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Robert F. Martwick (Democratic), Senate
- Cosponsor: Darby A. Hills (Republican), Senate
- Cosponsor: Donald P. DeWitte (Republican), Senate
- Cosponsor: Janet Yang Rohr (Democratic), House
- Cosponsor: Kam Buckner (Democratic), House
- Cosponsor: Mattie Hunter (Democratic), Senate
- Cosponsor: Rick Ryan (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-15 | Senate | Third Reading - Passed; | pass | 55 | 0 |   |
| 2026-03-25 | Senate | Reported Back To Judiciary; | pass | 3 | 0 |   |
| 2026-03-25 | Senate | Do Pass Judiciary; | pass | 8 | 0 |   |

## Actions (28)

- 2026-05-18: Added Alternate Co-Sponsor Rep. Janet Yang Rohr (House)
- 2026-05-15: House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee (House)
- 2026-05-15: Rule 19(a) / Re-referred to Rules Committee (House)
- 2026-05-14: Added Alternate Co-Sponsor Rep. Rick Ryan (House)
- 2026-05-12: House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee (House)
- 2026-05-08: House Committee Amendment No. 1 Referred to Rules Committee (House)
- 2026-05-08: House Committee Amendment No. 1 Filed with Clerk by Rep. Kam Buckner (House)
- 2026-05-07: Committee Deadline Extended-Rule 9(b) May 15, 2026 (House)
- 2026-04-27: Assigned to Judiciary - Civil Committee (House)
- 2026-04-15: Referred to Rules Committee (House)
- 2026-04-15: First Reading (House)
- 2026-04-15: Chief House Sponsor Rep. Kam Buckner (House)
- 2026-04-15: Arrived in House (House)
- 2026-04-15: Added as Co-Sponsor Sen. Mattie Hunter (Senate)
- 2026-04-15: Third Reading - Passed; 055-000-000 (Senate)
- 2026-04-14: Placed on Calendar Order of 3rd Reading April 15, 2026 (Senate)
- 2026-04-14: Second Reading (Senate)
- 2026-03-25: Placed on Calendar Order of 2nd Reading March 26, 2026 (Senate)
- 2026-03-25: Do Pass Judiciary; 008-000-000 (Senate)
- 2026-03-25: Reported Back To Judiciary; 003-000-000 (Senate)
- 2026-03-13: Rule 2-10 Committee Deadline Established As March 27, 2026 (Senate)
- 2026-02-26: Added as Co-Sponsor Sen. Darby A. Hills (Senate)
- 2026-02-25: To Condominiums (Senate)
- 2026-02-25: Added as Co-Sponsor Sen. Donald P. DeWitte (Senate)
- 2026-02-17: Assigned to Judiciary (Senate)
- 2026-02-04: Referred to Assignments (Senate)
- 2026-02-04: First Reading (Senate)
- 2026-02-04: Filed with Secretary by Sen. Robert F. Martwick (Senate)

## Bill text

- Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401eng.pdf)
- House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401ham001.pdf)
- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401eng.pdf)
- [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401ham001.pdf)
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3401.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
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Source: PRIA, https://policyrisk.com/state-bill/IL-SB3401-2025-2026 (as of 2026-11-01).