Property Owners' Association Act; action of the board of directors. (HB722)
Introduced By
Del. Ken Plum (D-Reston) with support from co-patron Del. Marcus Simon (D-Falls Church)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Property Owners' Association Act; action of the board of directors. Prohibits the board of directors of any property owners' association from taking any action that has not been approved in an open meeting. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2018 | Committee |
01/09/2018 | Prefiled and ordered printed; offered 01/10/18 18102378D |
01/09/2018 | Referred to Committee on General Laws |
01/16/2018 | Impact statement from DPB (HB722) |
01/26/2018 | Assigned GL sub: Subcommittee #2 |
02/01/2018 | Subcommittee recommends striking from docket (8-Y 0-N) |
02/13/2018 | Left in General Laws |
Comments
This bill strengthens the General Assembly's efforts to ensure that HOA boards conduct the affairs of their associations openly and transparently.
The POAA already provides for emergency meetings, so closing the loophole of boards using the Non-Stock act to work in secrecy is a very good thing.
The CAI/VALAC and their paid lobbyists will be working overtime to kill this bill. We can't let them win. Too often legislators refer to the CAI and their property management companies and HOA attorneys as 'stakeholders' Nope, don't buy it. The real stak holders are the hundreds of thousands of Virginians who live in HOAs that pay their mortgages and assessments, not the HOA industry.