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2019 SESSION
HB 2030 Common interest communities; dissemination of annual budget, reserve for capital components.
Introduced by: David L. Bulova | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Common interest communities; dissemination of annual budget; reserve for capital components. Requires common interest communities under the Condominium Act, the Property Owners' Association Act, and the Virginia Real Estate Cooperative Act (the Acts) to make available to members either the common interest community's annual budget or a summary of the annual budget prior to the beginning of each fiscal year. The bill requires that the five-year cash reserve study required under the Acts include a statement that outlines the amount of the reserves recommended in such study as well as the amount of current cash available for replacement of the reserves. The bill also requires the Common Interest Community Board to prepare guidelines for the development of reserve studies for capital components. This bill is identical to SB 1538.
FULL TEXT
- 01/07/19 House: Prefiled and ordered printed; offered 01/09/19 19104257D pdf | impact statement
- 01/17/19 House: Committee substitute printed 19104858D-H1 pdf | impact statement
- 02/11/19 House: Bill text as passed House and Senate (HB2030ER) pdf | impact statement
- 02/19/19 Governor: Acts of Assembly Chapter text (CHAP0033) pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
HISTORY
- 01/07/19 House: Prefiled and ordered printed; offered 01/09/19 19104257D
- 01/07/19 House: Referred to Committee on General Laws
- 01/14/19 House: Assigned GL sub: Subcommittee #2
- 01/15/19 House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 01/17/19 House: Reported from General Laws with substitute (22-Y 0-N)
- 01/17/19 House: Committee substitute printed 19104858D-H1
- 01/21/19 House: Read first time
- 01/22/19 House: Read second time
- 01/22/19 House: Committee substitute agreed to 19104858D-H1
- 01/22/19 House: Engrossed by House - committee substitute HB2030H1
- 01/23/19 House: Read third time and passed House BLOCK VOTE (96-Y 0-N)
- 01/23/19 House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N)
- 01/24/19 Senate: Constitutional reading dispensed
- 01/24/19 Senate: Referred to Committee on General Laws and Technology
- 02/04/19 Senate: Reported from General Laws and Technology (13-Y 0-N)
- 02/05/19 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/06/19 Senate: Read third time
- 02/06/19 Senate: Passed Senate (38-Y 0-N)
- 02/06/19 Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
- 02/06/19 Senate: Passed Senate (39-Y 0-N)
- 02/11/19 House: Enrolled
- 02/11/19 House: Bill text as passed House and Senate (HB2030ER)
- 02/11/19 House: Signed by Speaker
- 02/11/19 Senate: Signed by President
- 02/12/19 House: Enrolled Bill communicated to Governor on February 12, 2019
- 02/12/19 Governor: Governor's Action Deadline Midnight, February 19, 2019
- 02/19/19 Governor: Approved by Governor-Chapter 33 (effective 7/1/19)
- 02/19/19 Governor: Acts of Assembly Chapter text (CHAP0033)