Legislation - HB1506

Title: Condominiums and Homeowners Associations - New Owner Fees - Limitations
Sponsored by: Delegate Ross
Status: In the Senate - Hearing 4/03 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Limiting the amount that a condominium or homeowners association may charge a new unit or lot owner, other than an initial unit or lot owner, as an initial capital contribution or similar fee paid by the new owner at closing to be not more than three times the amount of monthly assessments paid by an existing unit or lot owner at the time of the closing; requiring certain documents to include certain fees; exempting certain condominiums and homeowner associations from a limit on a certain initial capital contribution or similar fee; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Judicial Proceedings Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 2/13/2026 Legislative Date 2/13/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Condominiums and Homeowners Associations - New Owner Fees - Limitations Proceedings
Chamber House Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing 3/12 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/21/2026 Legislative Date 3/21/2026 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/21/2026 Legislative Date 3/09/2026 Action Favorable with Amendments {373928/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/21/2026 Legislative Date 3/09/2026 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Condominiums and Homeowners Associations - New Owner Fees - Limitations Proceedings
Chamber House Calendar Date 3/23/2026 Legislative Date 3/11/2026 Action Third Reading Passed (136-0) Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/07/2026 Action Referred Judicial Proceedings Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2026 Legislative Date 3/25/2026 Action Hearing 4/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/13/2026	2/13/2026	First Reading Economic Matters
			Text - First - Condominiums and Homeowners Associations - New Owner Fees - Limitations
House	2/17/2026	2/17/2026	Hearing 3/12 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/21/2026	3/21/2026	Favorable with Amendments Report by Economic Matters
House	3/21/2026	3/09/2026	Favorable with Amendments {373928/1 Adopted	46 Click to view Recorded Media
House	3/21/2026	3/09/2026	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Condominiums and Homeowners Associations - New Owner Fees - Limitations
House	3/23/2026	3/11/2026	Third Reading Passed (136-0)	48 Click to view Recorded Media
Senate	3/23/2026	3/07/2026	Referred Judicial Proceedings	46 Click to view Recorded Media
Senate	3/25/2026	3/25/2026	Hearing 4/03 at 1:00 p.m.

File Code

Subjects

Statutes