Condominium and Property Owners' Association Acts; assessment of late fee not paid within 60 days. (HB566)

Introduced By

Del. Vivian Watts (D-Annandale)

Progress

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

Description

Condominium and Property Owners' Association Acts; late fees. Reduces from 60 to 30 days the time in which late fees may be assessed against an owner for nonpayment of assessments. The bill contains technical amendments. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/06/2014Committee
01/06/2014Prefiled and ordered printed; offered 01/08/14 14102284D
01/06/2014Referred to Committee on General Laws
01/10/2014Assigned GL sub: Subcommittee #1
01/14/2014Subcommittee recommends reporting (7-Y 0-N)
01/21/2014Reconsidered by GL sub: Subcommittee #1
01/21/2014Subcommittee recommends reporting with amendment(s) (7-Y 0-N)
01/23/2014Reported from General Laws with amendments (22-Y 0-N) (see vote tally)
01/27/2014Read first time
01/28/2014Read second time
01/28/2014Committee amendments agreed to
01/28/2014Engrossed by House as amended HB566E
01/28/2014Printed as engrossed 14102284D-E
01/29/2014Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/29/2014VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
01/30/2014Constitutional reading dispensed
01/30/2014Referred to Committee on General Laws and Technology
02/17/2014Reported from General Laws and Technology (13-Y 0-N)
02/19/2014Constitutional reading dispensed (40-Y 0-N)
02/20/2014Read third time
02/20/2014Passed by for the day
02/21/2014Read third time
02/21/2014Passed Senate (40-Y 0-N)
02/25/2014Enrolled
02/25/2014Bill text as passed House and Senate (HB566ER)
02/25/2014Signed by Speaker
02/27/2014Signed by President
03/17/2014G Approved by Governor-Chapter 239 (effective 7/1/14)
03/17/2014G Acts of Assembly Chapter text (CHAP0239)

Comments

F. Lee Foreclosure, Esq writes:

Memo for Phil Filechurner, Esq.

Phil:

I gotta hand it to you, Pal, you must have some swing with that Delegate Watts.

Imagine... a Bill that'll let our HOA clients charge a 5% PENALTY (not 5% interest mind you) on any assessment that's 30 days late!

And we get to go to court and collect attorney fees on to of THAT!

Back in Brooklyn, you had to be able to break somebody's legs to collect money like that.

As long as those Bozos in the legislature don't read Section 55-79.83 and figure out what it means, it's gonna be a second Christmas for CAI law firms and HOAs.

Your Pal,

F. Lee Foreclosure
Filechurner & Foreclosure LLP
"We make money the CAI way -- from the equity in your home."

HOA Corporation Member writes:

Dear Delegate Watts:

This is an anti-homeowner amendment. It serves no purpose but to shorten the time that a homeowner has to pay a late fee. The effect will be to allow HOA attorneys to rack up more charges in their efforst to collect the late fees, thereby punishing the homeowner more. Don't you think it would be more human to give the homeowner a little time to get the money together to pay his debt? Maybe there's a sickness in the family. A job loss. Other bills to pay. Remember, the homeowner lives in the community that is punishing him.

A little humanity goes a long way.

Thank you for your consideration.

An HOA Corporation Member

Robert P Sledzaus writes:

Dear Delegate Watts,
This anti-homeowner amendment is simply the wrong thing at the wrong time. Given the current economy and the financial hardships being faced by too many citizens in the Commonwealth, this is not the time to come down so harshly on those who may be struggling. Do you really call yourself a Democrat? I thought Democrats are supposed to look out and protect those in need?