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2008 SESSION

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SB 606 Real Estate Cooperative Act; assessments for certain cooperatives.

Introduced by: Kenneth W. Stolle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Real Estate Cooperative Act; assessments for certain cooperatives.  Authorizes a real estate cooperative, where permanent residency is generally restricted to individuals age 55 and over and the primary purpose of the cooperative is to provide services typically provided to residents of full service senior housing communities, to amend the declaration by a two-thirds vote to authorize assessments based on usage of services rather than the square footage of the units.

FULL TEXT

• 01/09/08  Senate: Prefiled and ordered printed; offered 01/09/08 080572328  pdf
• 03/05/08  Senate: Bill text as passed Senate and House (SB606ER)  pdf
• 03/18/08  Governor: Acts of Assembly Chapter text (CHAP0627)  pdf

HISTORY

• 01/09/08  Senate: Prefiled and ordered printed; offered 01/09/08 080572328
• 01/09/08  Senate: Referred to Committee on General Laws and Technology
• 01/23/08  Senate: Reported from General Laws and Technology (15-Y 0-N)
• 01/25/08  Senate: Constitutional reading dispensed (37-Y 0-N)
• 01/28/08  Senate: Read second time and engrossed
• 01/29/08  Senate: Read third time and passed Senate (40-Y 0-N)
• 01/29/08  Senate: Communicated to House
• 02/12/08  House: Placed on Calendar
• 02/12/08  House: Read first time
• 02/12/08  House: Referred to Committee on General Laws
• 02/13/08  House: Assigned GL sub: Housing
• 02/28/08  House: Reported from General Laws (22-Y 0-N)
• 03/03/08  House: Read second time
• 03/04/08  House: Read third time
• 03/04/08  House: Passed House BLOCK VOTE (99-Y 0-N)
• 03/04/08  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 03/05/08  Senate: Bill text as passed Senate and House (SB606ER)
• 03/05/08  Senate: Enrolled
• 03/05/08  House: Signed by Speaker
• 03/06/08  Senate: Signed by President
• 03/12/08  Governor: Approved by Governor-Chapter 627 (effective 7/1/08)
• 03/18/08  Governor: Acts of Assembly Chapter text (CHAP0627)