HB 2403
Requires boards of homeowners associations and condominium associations to provide budget summary 30 days prior to adoption.
| Status | In House Committee (HBL) |
| Sponsors | Courtney Neron Misslin (Democrat) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Requires homeowners and condominium association boards to provide budget summaries 30 days before adoption and restricts charges not included in the adopted budget.
Sponsors#
Chief Sponsors: Courtney Neron Misslin
Overview#
Requires boards of homeowners associations and condominium associations to provide budget summary 30 days prior to adoption. Prohibits new charges not in adopted budget and approved by majority of owners. Applies to new charges on or after date of next adopted budget or January 1, 2023.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-11 | H | First reading. Referred to Speaker's desk. |
| 2021-01-19 | H | Referred to Business and Labor. |
| 2021-06-26 | H | In committee upon adjournment. |