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HB 1306 (2024)

Limit size of condo special assessments

Summary:

Prohibits condominium boards from imposing a special assessment for capital improvement above 5% of budgeted gross expenses without unit owners association approval.

Bill Sponsor:
Jeanine Notter
Republican party logo
Bill Became Law?:
No
Status:
HOUSE
Status Detail:
Interim Study
Public Hearing Date:
01/16/2024 01:15 pm
Public Hearing Location:
LOB Room 306-308
House Voting Date:
03/28/2024
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