Common interest communities; reserves for capital components, budget. (HB2030)

Introduced By

Del. David Bulova (D-Fairfax)

Progress

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

Description

Common interest communities; reserves for capital components; budget. Requires the annual association budget, or summary of the budget, to be available to the owners prior to the end of the fiscal year. As part of the five-year cash-reserve study to repair, replace and restore capital components, a statement must be included outlining the amount of the reserves recommended in the study and the amount of current cash available for replacement of the reserves. Amends § 55-471.1, § 55-514.1, § 55-79.83:1, of the Code of Virginia. Read the Bill »

Status

01/17/2019: passed committee

History

DateAction
01/07/2019Committee
01/07/2019Prefiled and ordered printed; offered 01/09/19 19104257D
01/07/2019Referred to Committee on General Laws
01/10/2019Impact statement from DPB (HB2030)
01/14/2019Assigned GL sub: Subcommittee #2
01/15/2019House subcommittee amendments and substitutes offered
01/15/2019Subcommittee recommends reporting with substitute (8-Y 0-N)
01/17/2019Reported from General Laws with substitute (22-Y 0-N) (see vote tally)
01/17/2019Committee substitute printed 19104858D-H1

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)