Bill Title: Restricts increases in monthly common expenses and limit special assessments to cover unforeseen costs not included in the association’s approved annual budget for common expenses in associations where the minority of the units are deed restricted units.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Introduced) 2024-04-11 - Committee recommended measure be held for further study [S2637 Detail]

Text: Latest bill text (Introduced) [PDF]

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