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]
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.
Title
Cooperative Housing Corporations, Condominiums, and Homeowners Associations - Funding of Reserve Accounts and Preparation of Funding Plans
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-20 | House | Hearing 1/24 at 2:30 p.m. |
2025-01-20 | House | Hearing canceled |
2025-01-15 | House | Hearing 2/04 at 1:00 p.m. |
2025-01-09 | House | First 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.
HB281 (Carry Over) 2024-03-20 - Hearing 3/26 at 1:00 p.m.
Subjects
Architects
Budgets
Building Maintenance and Repair
Condominiums
Contracts
Corporations and Associations
Engineers
Health
Homeowners Associations
meetings
Plumbing
Prices
Real Property
Records
Residential Property
Safety
Standards and Best Practices
studies
Time
Utilities
Budgets
Building Maintenance and Repair
Condominiums
Contracts
Corporations and Associations
Engineers
Health
Homeowners Associations
meetings
Plumbing
Prices
Real Property
Records
Residential Property
Safety
Standards and Best Practices
studies
Time
Utilities
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Corporations and Associations | 5 | 6B-26.1 | (n/a) | See Bill Text |
Real Property | 11 | 109.2 | (n/a) | See Bill Text |
Real Property | 11 | 109.4 | (n/a) | See Bill Text |
Real Property | 11B | 112.2 | (n/a) | See Bill Text |
Real Property | 11B | 112.3 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0292?ys=2025RS |
Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0292f.pdf |