Legislation - HB1201

Title: Condominiums and Homeowners Associations - Reserve Studies - Exemptions
Sponsored by: Delegates Wivell, Baker, and Valentine
Status: In the House - First Reading Economic Matters
Analysis

Synopsis

Exempting condominiums for 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.

Committees

Original:: Economic Matters

Details

Introduced in a prior session as: HB0968 Session: 2024 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Condominiums and Homeowners Associations - Reserve Studies - Exemptions Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/11/2026	2/11/2026	First Reading Economic Matters
			Text - First - Condominiums and Homeowners Associations - Reserve Studies - Exemptions

File Code

Subjects

Statutes