MD HB1187 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2024 - 25% progression, died in committee
Action: 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2024 - 25% progression, died in committee
Action: 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Reserve Funding Assistance Program to provide funds to residents of common ownership communities in order to assist with the payment of increased assessments as a result of certain reserve studies; authorizing a resident to apply for the Program who is at least 62 years old, has a certain disability, or is unable to work due to an injury or medical condition; and requiring the Governor for fiscal year 2026 and each fiscal year thereafter, to include an appropriation of $10,000,000 in the annual budget bill.
Title
Reserve Funding Assistance Program - Establishment
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-09 | House | Hearing 3/05 at 1:00 p.m. |
2024-02-08 | House | First Reading Environment and Transportation |
Subjects
Appropriations
Assessments
Budgets
Building Maintenance and Repair
Condominiums
Developmentally Disabled Persons
Elderly Persons
Forms
Homeowners Associations
Housing and Community Development
Housing and Community Development, Department of
Interest
Medical Conditions
Real Property
Revenue and Taxes
Rules and Regulations
State Aid
studies
Assessments
Budgets
Building Maintenance and Repair
Condominiums
Developmentally Disabled Persons
Elderly Persons
Forms
Homeowners Associations
Housing and Community Development
Housing and Community Development, Department of
Interest
Medical Conditions
Real Property
Revenue and Taxes
Rules and Regulations
State Aid
studies
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Housing and Community Development | 2 | 304 | (n/a) | See Bill Text |
Real Property | 11 | 110 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1187?ys=2024RS |
Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1187f.pdf |