Bill Amendment: AZ SB1001 | 2020 | Fifty-fourth Legislature 2nd Regular
Bill Title: Payment coupon books; homeowners' associations
Status: 2020-05-21 - House GOV Committee action: Failed To Pass, voting: (3-7-1-0-0-0) [SB1001 Detail]
Download: Arizona-2020-SB1001-SENATE_-_Government.html
Fifty-fourth Legislature Government
Second Regular Session S.B. 1001
PROPOSED
SENATE AMENDMENTS TO S.B. 1001
(Reference to proposed D Farnsworth s/e amendment dated 2/5/20; 9:21 a.m.)
Page 4, line 6, strike "will" insert "may"
Line 26, after "electronically." insert "beginning January 1, 2021 and"
Line 27, strike "if a unit"
Strike lines 28 through 33
Page 5, line 1, strike "ADDRESS OF RECORD FOR THE UNIT OWNER AND" insert "AN ASSOCIATION SHALL PROVIDE A STATEMENT OF ACCOUNT TO EACH UNIT OWNER AT LEAST ANNUALLY. THE ANNUAL STATEMENT OF ACCOUNT SHALL INCLUDE THE CURRENT ACCOUNT BALANCE DUE FOR ASSESSMENTS, LATE FEES, FINES and OTHER COSTS AND FEES. IF A UNIT OWNER HAS A DELINQUENT ACCOUNT FOR UNPAID ASSESSMENTS, LATE FEES, FINES OR OTHER COSTS AND FEES, THE ASSOCIATION SHALL PROVIDE A STATEMENT OF DELINQUENT ACCOUNT TO THE UNIT OWNER AT LEAST MONTHLY. AN ASSOCIATION MAY STOP PROVIDING THE STATEMENT OF DELINQUENT ACCOUNT ONCE THE UNIT OWNER HAS PAID THE FULL BALANCE OF ALL ASSESSMENTS, LATE FEES, FINES OR OTHER COSTS AND FEES. THE STATEMENT OF DELINQUENT ACCOUNT"
Line 4, strike "if the association does not routinely provide current account"
Strike lines 5 through 7, insert "THE ASSOCIATION OR ITS MANAGING AGENT MAY CHARGE THE UNIT OWNER FOR THE DIRECT COST OF PROVIDING THE ANNUAL STATEMENT OF ACCOUNT OR the STATEMENT OF DELINQUENT ACCOUNT. IF THE ASSOCIATION OFFERS THE ANNUAL STATEMENT OF ACCOUNT OR the STATEMENT OF DELINQUENT ACCOUNT BY ELECTRONIC MEANS, A UNIT OWNER MAY OPT TO RECEIVE THE STATEMENT ELECTRONICALLY. The"
Line 8, after "further" strike remainder of line
Line 9, strike "full amount due" insert "annual statements of account or statements of delinquent account"
Page 5, line 12, strike "statements of account"
Line 13, strike "notices of full amount due" insert "statements of delinquent account"
Line 14, after the second "a" strike remainder of line
Line 15, strike "full amount due" insert "statement of delinquent account"
Line 18, strike "statement of account notice of full amount due" insert "statement of delinquent account"
Line 21, strike "statement notice" insert "statement"
Page 8, line 30, strike "will" insert "may"
Page 9, line 17, after "electronically." insert "beginning January 1, 2021 and"
Line 18, strike "if a member's common"
Strike lines 19 through 24
Line 25, strike "for the member and" insert "AN ASSOCIATION SHALL PROVIDE A STATEMENT OF ACCOUNT TO EACH MEMBER AT LEAST ANNUALLY. THE ANNUAL STATEMENT OF ACCOUNT SHALL INCLUDE THE CURRENT ACCOUNT BALANCE DUE FOR ASSESSMENTS, LATE FEES, FINES and OTHER COSTS AND FEES. IF A MEMBER HAS A DELINQUENT ACCOUNT FOR UNPAID ASSESSMENTS, LATE FEES, FINES OR OTHER COSTS AND FEES, THE ASSOCIATION SHALL PROVIDE A STATEMENT OF DELINQUENT ACCOUNT TO THE MEMBER AT LEAST MONTHLY. AN ASSOCIATION MAY STOP PROVIDING THE STATEMENT OF DELINQUENT ACCOUNT ONCE THE MEMBER HAS PAID THE FULL BALANCE OF ALL ASSESSMENTS, LATE FEES, FINES OR OTHER COSTS AND FEES. THE STATEMENT OF DELINQUENT ACCOUNT"
Line 27, after the period strike remainder of line
Strike lines 28 through 30
Line 31, strike "assessment account" insert "THE ASSOCIATION OR ITS MANAGING AGENT MAY CHARGE THE MEMBER FOR THE DIRECT COST OF PROVIDING THE ANNUAL STATEMENT OF ACCOUNT OR the STATEMENT OF DELINQUENT ACCOUNT. IF THE ASSOCIATION OFFERS THE ANNUAL STATEMENT OF ACCOUNT OR the STATEMENT OF DELINQUENT ACCOUNT BY ELECTRONIC MEANS, A MEMBER MAY OPT TO RECEIVE THE STATEMENT ELECTRONICALLY"
Line 32, strike "statements of account notices of full amount due" insert "annual statements of account or statements of delinquent account"
Page 10, line 2, strike "statements"
Line 3, strike "of account notices of full amount due" insert "statements of delinquent account"
Line 4, strike "statement of account"
Line 5, strike "notice of full amount due" insert "statement of delinquent account"
Line 8, after "The" strike remainder of line
Line 9, strike "amount due" insert "statement of delinquent account"
Line 11, strike "statement notice" insert "statement"
Amend title to conform
