SB0615

Common Ownership Communities - Reserve Accounts and Reserve Studies - Alterations

Requiring the governing bodies of certain cooperative housing corporations, condominiums, or homeowners associations to adopt an annual budget that includes certain calculations for the cost to repair or replace capital components that are the responsibility of the common ownership community; providing that a certain portion of the members of a common ownership community may determine the community and its members are facing a financial hardship or that a determination of financial hardship may be extended; etc.

Basic Information

Status
Vetoed
Session
2026 Regular Session
Type
Unknown
Cross-filed
HB1269

Links

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Upcoming Events

Hearing
February 19, 2026 at 13:00
📍 Judicial Proceedings
Hearing - Judicial Proceedings Committee

Sponsors

West
Carozza