SB 246 (2022)

Defines and regulates "qualified private communities." The bill defines "qualified private communities" as "a residential condominium, cooperative, open space subdivision, or other community consisting of at least 4 units, the residents of which do not receive any tax abatement or tax exemption related to its construction, comprised of a community trust or other trust device, condominium association, homeowners' association, road association, or council of co-owners, wherein the cost of maintaining roads, streets, water, and sewer infrastructure and providing essential services is paid for by a not-for-profit entity consisting exclusively of unit owners within the community."