- Title
- Reserve Funding Assistance Program - Establishment
- Sponsored by
- Delegate McComas
- Status
- In the House - Hearing 3/05 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing the Reserve Funding Assistance Program to provide funds to residents of common ownership communities in order to assist with the payment of increased assessments as a result of certain reserve studies; authorizing a resident to apply for the Program who is at least 62 years old, has a certain disability, or is unable to work due to an injury or medical condition; and requiring the Governor for fiscal year 2026 and each fiscal year thereafter, to include an appropriation of $10,000,000 in the annual budget bill.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): October 1, 2024
Bill imposes a mandated appropriation in the annual State Budget Bill
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
Last Updated: 4/15/2024 2:57 PM