Hawaii House Bill 1647 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 18 2024 - 25% progression, died in committee
Action: 2024-01-30 - The committee(s) on CPC recommend(s) that the measure be deferred.
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]

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.

Relating To Condominiums.

Rep. Jackson Sayama [D]

Rep. Mark Nakashima [D]

Rep. Sean Quinlan [D]

Date	Chamber	Action
2024-01-30	House	The committee(s) on CPC recommend(s) that the measure be deferred.
2024-01-26	House	Bill scheduled to be heard by CPC on Tuesday, 01-30-24 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
2024-01-24	House	Referred to CPC, JHA, referral sheet 1
2024-01-18	House	Introduced and Pass First Reading.
2024-01-17	House	Pending introduction.

Type	Source
Summary	https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1647&year=2024
Text	https://www.capitol.hawaii.gov/sessions/session2024/bills/HB1647_.HTM