Maryland House Bill 1187

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

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.

Reserve Funding Assistance Program - Establishment

Del. Susan McComas [R]

Date	Chamber	Action
2024-02-09	House	Hearing 3/05 at 1:00 p.m.
2024-02-08	House	First Reading Environment and Transportation

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

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1187?ys=2024RS
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb1187f.pdf