Property Owners' Association Act; control of association by declarant. (SB1366)

Introduced By

Sen. George Barker (D-Alexandria) with support from co-patron Del. Mark Sickles (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Property Owners' Association Act; control of association by declarant. Provides that a declaration may provide for declarant control of an association and its board of directors for a period of time that shall not exceed (i) five years or (ii) three months after 80 percent of all lots in all phases of the development have been conveyed, whichever occurs first. The bill requires all association funds collected during the period of declarant control to be maintained separately in the association's name and not be commingled with funds of the declarant or the funds of any other association. In addition, the bill prohibits the declarant from using association funds to defend any civil or criminal action, or administrative or arbitration proceeding that has been filed or initiated against the declarant. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2009Prefiled and ordered printed; offered 01/14/09 092339201
01/14/2009Referred to Committee on General Laws and Technology
02/04/2009Reported from General Laws and Technology with substitute (9-Y 6-N) (see vote tally)
02/04/2009Committee substitute printed 092430201-S1
02/06/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/09/2009Read second time
02/09/2009Reading of substitute waived
02/09/2009Committee substitute agreed to 092430201-S1
02/09/2009Engrossed by Senate - committee substitute SB1366S1
02/10/2009Read third time and passed Senate (27-Y 13-N) (see vote tally)
02/13/2009Placed on Calendar
02/13/2009Read first time
02/13/2009Referred to Committee on General Laws
02/28/2009Left in General Laws

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 25 seconds.