2008 Regular Session

HOUSE BILL 988

File Code: Real Property
Sponsored By:
Delegates McConkey, Beidle, Hucker, and Stein
Entitled:
Common Ownership Communities - Obligation, Allocation, or Expenditure - Required Approval

Synopsis:

Requiring that an obligation, allocation, or a specified expenditure that exceeds 5% of the operating budget be approved by a simple majority of the members of a cooperative housing corporation, a simple majority of the unit owners of a condominium, or a simple majority of the lot owners of a homeowners association under specified voting procedures; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/7
First Reading Environmental Matters
2/12
Hearing 3/13 at 1:00 p.m.
3/19
Referred to interim study by Environmental Matters
Senate Action
No Action

Sponsored by:

Delegate Tony McConkey, District 33A
Delegate Pamela Beidle, District 32
Delegate Tom Hucker, District 20
Delegate Dana Stein, District 11

Bill indexed under the following Subjects:

Condominiums
Cooperative Associations
Homeowners Associations
Housing -see also- Apartments; Condominiums; Mobile Homes

Bill affects the following Statutes:

Corporations and Associations
( 5-6B-18.6 )
Real Property
( 11-109.2 , 11B-111.6 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered