BILL · 2013–14 SESSION

SB 5134: Homeowners' associations

Concerning reserve studies for certain homeowners' associations.

Summary

An HOA with fewer than 50 units or homes may, by a majority vote of its members, elect to have the board update the reserve study annually after the association has had one reserve study conducted by a reserve study professional.

From the Senate Bill Report (Orig.) (SB 5134), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to reserve studies for certain homeowners' associations;

No recorded floor votes. This measure never reached a floor vote.

Jan 13, 2014By resolution, reintroduced and retained in present status.
May 13, 2013By resolution, reintroduced and retained in present status.
Jan 21, 2013First reading, referred to Financial Institutions, Housing & Insurance.

Bill numbers restart every two years, so the same number is a different bill in each session.

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