MD HB292 | 2025 | Regular Session

Note: Carry Over of previous HB281

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2025 - 25% progression
Action: 2025-01-20 - Hearing 1/24 at 2:30 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring that the annual budget of a cooperative housing corporation, a residential condominium, or a homeowners association include certain funds; requiring that certain funds for certain reserve accounts be deposited on or before the last day of each fiscal year; requiring that certain updated reserve studies be prepared by a certain person; requiring the governing body of a cooperative housing corporation, a residential condominium, or a homeowners association to prepare a certain funding plan subject to certain requirements; etc.

Tracking Information

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Title

Cooperative Housing Corporations, Condominiums, and Homeowners Associations - Funding of Reserve Accounts and Preparation of Funding Plans

Sponsors


History

DateChamberAction
2025-01-20HouseHearing 1/24 at 2:30 p.m.
2025-01-20HouseHearing canceled
2025-01-15HouseHearing 2/04 at 1:00 p.m.
2025-01-09HouseFirst Reading Environment and Transportation

Same As/Similar To

SB63 (Crossfiled) 2025-01-09 - Hearing 1/21 at 2:30 p.m.
HB281 (Carry Over) 2024-03-20 - Hearing 3/26 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Corporations and Associations56B-26.1(n/a)See Bill Text
Real Property11109.2(n/a)See Bill Text
Real Property11109.4(n/a)See Bill Text
Real Property11B112.2(n/a)See Bill Text
Real Property11B112.3(n/a)See Bill Text

Maryland State Sources


Bill Comments

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