MD HB534 | 2023 | Regular Session
Note: Carry Foward to future HB281
Note: Carry Foward to future SB1157
Note: Carry Foward to future SB1157
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 9 2023 - 50% progression, died in committee
Action: 2023-03-16 - Hearing 3/23 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 9 2023 - 50% progression, died in committee
Action: 2023-03-16 - Hearing 3/23 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Requiring that certain funds for the reserve account of a cooperative housing corporation, a residential condominium, or a homeowners association be deposited on or before the last day of each fiscal year; extending the duration to comply with a certain funding requirement related to reserve accounts; and requiring a residential condominium or a homeowners association to review the reserve study annually for accuracy.
Title
Cooperative Housing Corporations, Condominiums, and Homeowners Associations – Funding of Reserve Accounts
Sponsors
Roll Calls
2023-03-09 - House - Third Reading Passed (Y: 136 N: 1 NV: 1 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-16 | Senate | Hearing 3/23 at 1:00 p.m. |
| 2023-03-10 | Senate | Referred Judicial Proceedings |
| 2023-03-09 | House | Third Reading Passed (136-1) |
| 2023-03-07 | House | Favorable Adopted Second Reading Passed |
| 2023-03-06 | House | Favorable Report by Environment and Transportation |
| 2023-02-02 | House | Hearing 2/21 at 1:00 p.m. |
| 2023-02-01 | House | First Reading Environment and Transportation |
Same As/Similar To
HB534 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
HB534 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
HB534 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
Subjects
Budgets
Condominiums
Cooperative Associations
Corporations
Corporations and Associations
Homeowners Associations
Real Property
Revenue and Taxes
studies
Condominiums
Cooperative Associations
Corporations
Corporations and Associations
Homeowners Associations
Real Property
Revenue and Taxes
studies
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 |
