Legislation - SB0615

Title: Common Ownership Communities - Reserve Accounts and Reserve Studies - Alterations
Sponsored by: Senators West and Carozza
Status: In the Senate - Withdrawn by Sponsor
Analysis

Synopsis

Requiring the governing bodies of certain cooperative housing corporations, condominiums, or homeowners associations to adopt an annual budget that includes certain calculations for the cost to repair or replace capital components that are the responsibility of the common ownership community; providing that a certain portion of the members of a common ownership community may determine the community and its members are facing a financial hardship or that a determination of financial hardship may be extended; etc.

Committees

Original:: Judicial Proceedings

Details

Cross-filed with: HB1269

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Common Ownership Communities - Reserve Accounts and Reserve Studies - Alterations Proceedings
Chamber Senate Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/02/2026 Legislative Date 3/02/2026 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2026	2/05/2026	First Reading Judicial Proceedings
			Text - First - Common Ownership Communities - Reserve Accounts and Reserve Studies - Alterations
Senate	2/05/2026	2/05/2026	Hearing 2/19 at 1:00 p.m.
Senate	2/17/2026	2/17/2026	Hearing canceled
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	3/02/2026	3/02/2026	Withdrawn by Sponsor

File Code

Subjects

Statutes