Investments by Condominium Associations
Summary
Investments by Condominium Associations; Requiring condominium associations to maintain a copy of their investment policy statement as an official record; requiring certain association boards to obtain prior approval before investing funds in certain investment products, annually develop an investment policy statement, and select an investment adviser who meets specified requirements; requiring investment advisers to act as association fiduciaries; exempting registered investment advisers from certain provisions relating to contracts for products and services, etc.
Bill status
died
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
Governor
Introduced Mar 2, 2021
Last action Apr 30, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
4
Committee
5
Mar 25, 2021
Upper · Passed
Pending reference review under Rule 4.7(2) - (Committee Substitute)
upper
Mar 19, 2021
Upper · Passed
On Committee agenda-- Community Affairs, 03/24/21, 8:30 am, 37 Senate Building
upper
Mar 16, 2021
Upper · Passed
Favorable by Regulated Industries; YEAS 8 NAYS 0
upper
Mar 11, 2021
Upper · Passed
On Committee agenda-- Regulated Industries, 03/16/21, 3:30 pm, 412 Knott Building
upper
Mar 2, 2021
Introduced
Introduced
upper
Mar 2, 2021
Committee
Referred to Regulated Industries; Community Affairs; Rules
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jason W. B. Pizzo
DDemocratic
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