MD SB386 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2020 - 25% progression, died in committee
Action: 2020-01-28 - Hearing 2/04 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the governing body of certain cooperative housing corporations, condominiums, and homeowners associations to have a study of reserves required for future major repairs and replacements conducted by a certain date and at certain 5-year intervals; requiring a certain reserve study to meet certain criteria; establishing that the governing body of a cooperative housing corporation or a homeowners association and the board of directors of a condominium have authority to increase a certain assessment; etc.

Tracking Information

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Title

Cooperative Housing Corporations, Condominiums, and Homeowners Associations - Reserve Studies

Sponsors


History

DateChamberAction
2020-01-28SenateHearing 2/04 at 1:00 p.m.
2020-01-27SenateFirst Reading Judicial Proceedings

Same As/Similar To

HB58 (Crossfiled) 2020-01-08 - Hearing 1/28 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Corporations and Associations56B-26.1(n/a)See Bill Text
Real Property11109(n/a)See Bill Text
Real Property11109.2(n/a)See Bill Text
Real Property11109.4(n/a)See Bill Text
Real Property11110(n/a)See Bill Text
Real Property11B106.1(n/a)See Bill Text
Real Property11B112.2(n/a)See Bill Text
Real Property11B112.3(n/a)See Bill Text
Real Property11B117(n/a)See Bill Text

Maryland State Sources


Bill Comments

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