Majority Of Unit Owners Required For Home Owners' Association Budgets
| Type | Bill |
|---|---|
| Session | 2023 Regular Session |
| Subjects |
Concerning approval of the budget of a common interest community, and, in connection therewith, requiring a majority of unit owners of a common interest community to be present at a meeting in order for the executive board to approve a proposed budget and authorizing a majority of unit owners present at the meeting to veto a proposed budget that is approved at such a meeting.
Bill Summary:
The bill requires a majority of all unit owners in a common interest community to be present at a meeting of the executive board of the unit owners' association (executive board) in order for the executive board to vote on a proposed budget. If a majority of all unit owners are present at the meeting and the executive board approves the proposed budget, a majority of unit owners present at the meeting may vote to veto the proposed budget.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Representative
Ron Weinberg
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/30/2023 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment D). | The motion passed without objection. | Vote summary |
| Refer House Bill 23-1131, as amended, to the Committee of the Whole. | The motion failed on a vote of 4-9. | Vote summary |
| Postpone House Bill 23-1131 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. | The motion passed on a vote of 9-4. | Vote summary |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 02/14/2023 | L.001 | HOU Transportation, Housing & Local Government | Passed [*] |
| Date | Location | Action |
|---|---|---|
| 02/14/2023 | House | House Committee on Transportation, Housing & Local Government Postpone Indefinitely |
| 01/30/2023 | House | Introduced In House - Assigned to Transportation, Housing & Local Government |