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HB117    Pdf File  
Measure Title: RELATING TO CONDOMINIUMS.
Report Title: Condominium Associations; Condominium Boards; Fiduciary Duty; Replacement Reserves Funds; Minimum Balance
Description: Provides that a condominium board's or its officer's or member's failure to maintain the minimum required balance for a condominium's replacement reserves fund may constitute a violation of the fiduciary duty owed. Establishes a minimum balance for a condominium association's replacement reserves fund, with an exception for sufficient assessments. Effective 9/1/2025.
Companion:
Package: None
Current Referral: CPC
Introducer(s): MATAYOSHI, CHUN
Act:

Sort by Date Status Text
2/19/2025HThe committee(s) on CPC recommend(s) that the measure be deferred.
2/14/2025HBill scheduled to be heard by CPC on Wednesday, 02-19-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
1/21/2025HReferred to CPC, referral sheet 1
1/16/2025HIntroduced and Pass First Reading.
1/14/2025HPrefiled.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB117
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HB117 Pdf File

Committee Reports
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Testimony
HB117_TESTIMONY_CPC_02-19-25_

Hearing Notices
CPC
2/19/25 2:00P
329 VIA VIDEOCONFERENCE