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SB22-060

Limit Home Owners' Association Fee Increases For Common Elements

Concerning limiting increases in fees associated with the use of common elements in a common interest community.
Session:
2022 Regular Session
Subject:
Housing
Bill Summary

The bill prohibits the unit owners' association of a common interest community from increasing by more than 10% in any 12-month period the amount of any fee that is charged on a regular and ongoing basis for the use, rental, or operation of one or more common elements unless a majority of the unit owners of the common interest community approve the fee increase.


(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. J. Bridges

Sponsor

Co-sponsor

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