2011 Regular Session

SENATE BILL 548

File Code: Real Property Crossfiled with: HOUSE BILL 827
Sponsored By:
Senators King, Middleton, Montgomery, and Young
Entitled:
Condominium and Homeowners Associations - Assessments - Increase Necessary to Meet Government Requirements

Synopsis:

Authorizing the board of directors of a condominium or homeowners association to increase the amount of assessments without the approval of the unit owners or lot owners for the purpose of meeting specified financial obligations resulting from the imposition of government charges, fees, or taxes since the adoption of the previous annual budget or providing for certain increased costs resulting from certain changes in laws since the adoption of the previous annual budget; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/4
First Reading Judicial Proceedings
2/9
Hearing 2/22 at 1:00 p.m.
3/7
Unfavorable Report by Judicial Proceedings
House Action
No Action

Sponsored by:

Senator Nancy J. King, District 39
Senator Thomas M. Middleton, District 28
Senator Karen S. Montgomery, District 14
Senator Ronald N. Young, District 3

Bill indexed under the following Subjects:

Assessments
Budgets -see also- Capital Budgets
Committees and Commissions -see also- Political Committees
Condominiums
Homeowners Associations
Notices

Bill affects the following Statutes:

Real Property
( 11-109.2 , 11-110 , 11B-112.2 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
Senate
Judicial Proceedings