RELATING TO CONDOMINIUMS.
Summary
Provides that a condominium board's or its officer's or member's failure to maintain the minimum required balance for a condominium's replacement reserves fund may constitute a violation of the fiduciary duty owed. Establishes a minimum balance for a condominium association's replacement reserves fund, with an exception for sufficient assessments. Effective 9/1/2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025
Last action Dec 8, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
1
Jan 21, 2025
Committee
Referred to CPC, referral sheet 1
lower
Jan 16, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 14, 2025
Introduced
Prefiled.
lower
2 primary · 0 co-sponsors
Sponsors
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