HI SB2625 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on January 19 2018 - 25% progression, died in committee
Action: 2018-02-23 - The committee on CPH deferred the measure.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires officers and directors of associations of apartment owners to disclose activities that could reasonably be construed as a conflict of interest and cease the activity or withdraw from office. Prohibits attorneys from representing both the board and managing agent of the association. Prohibits board members from purchasing units at foreclosure sales resulting from the association's lien for unpaid assessments. Prohibits associations from contracting with service providers that have a close connection to a board member or officer of the association. Prohibits any person who contracts to provide services to the association or participates in the association's operation from owning more than fifteen per cent of the units in a project or from purchasing property that is subject to a lien by the association. Prohibits any employee of an association or person who contracts to provide goods or services to an association from soliciting, receiving, or accepting any undisclosed fee, compensation, commission, or gratuity from a third party who provides goods or services or solicits to provide goods or services to the association.

Tracking Information

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Title

Relating To Condominiums.

Sponsors


History

DateChamberAction
2018-02-23SenateThe committee on CPH deferred the measure.
2018-02-20SenateThe committee(s) on CPH has scheduled a public hearing on 02-23-18 10:00AM in conference room 229.
2018-01-26SenateRe-Referred to CPH.
2018-01-24SenateReferred to CPH, JDC.
2018-01-22SenatePassed First Reading.
2018-01-19SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

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