MD HB968 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-07 - Hearing 3/01 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-07 - Hearing 3/01 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exempting condominiums in which the council of unit owners votes to fund repairs to the common elements through a special assessment by an affirmative vote of 80% of certain unit owners and certain homeowners associations from provisions of law pertaining to reserve studies.
Title
Condominiums and Homeowners Associations - Reserve Studies - Exemptions
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-07 | House | Hearing 3/01 at 1:00 p.m. |
| 2024-02-07 | House | Hearing canceled |
| 2024-02-06 | House | Hearing 2/27 at 1:00 p.m. |
| 2024-02-02 | House | First Reading Environment and Transportation |
Subjects
Assessments
Bonds
Building Maintenance and Repair
Condominiums
Contracts
Homeowners Associations
Housing
Real Property
Residential Property
Revenue and Taxes
studies
Bonds
Building Maintenance and Repair
Condominiums
Contracts
Homeowners Associations
Housing
Real Property
Residential Property
Revenue and Taxes
studies
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Real Property | 11 | 109.4 | (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/HB0968?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0968f.pdf |
