| Measure Title: |
RELATING TO CONDOMINIUMS.
|
| Report Title: |
Condominiums; DCCA; Replacement Reserves; Condominium Boards of Directors; Enforcement; Penalty
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| Description: |
Requires boards of directors of condominium associations to deposit at least ten per cent of all revenues for each fiscal year, except for estimated replacement reserve assessments, into the total replacement reserves fund of the association. Requires the Real Estate Commission to enforce the minimum deposit requirement and allows unit owners to file complaints with the Commission. Holds board members who fail to comply with the minimum deposit requirement personally liable and subject to a fine.
|
| Companion: |
|
| Package: |
None
|
| Current Referral: |
CPC, JHA
|
| Introducer(s): |
SAYAMA, NAKASHIMA, QUINLAN
|
| Act: |
|
| Sort by Date | | Status Text |
| 1/30/2024 | H | The committee(s) on CPC recommend(s) that the measure be deferred. |
| 1/26/2024 | H | Bill scheduled to be heard by CPC on Tuesday, 01-30-24 2:00PM in House conference room 329 VIA VIDEOCONFERENCE. |
| 1/24/2024 | H | Referred to CPC, JHA, referral sheet 1 |
| 1/18/2024 | H | Introduced and Pass First Reading. |
| 1/17/2024 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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HB1647