HOA Bills Continue to Move Along
Written by: David Firmin on Monday, February, 24th, 2014
As the legislative session closes out its second month the HOA related bills continue to move along, in large part un-amended from their original forms. The HOA Transfer Fee Bill (HB14-1254) cleared committee after lengthy hearings and was referred to the entire house without amendment. This bill mandates annual disclosure of fees charged by the management company to an association and its members, and has received bi-partisan support. HB14-1254 has cleared the house, and has been introduced into the Senate and assigned to the Local Government Committee.
The bill to correct the oversight in association records disclosure (HB14-1125) is likewise moving along without much change. This bill permits an association, with the permission of the owner, to publish email addresses in association directories. This bill is aimed at curing an oversight in HB13-1237 that prohibited an association from creating a membership directory that contained email addresses and phone numbers. HB14-1125 corrects that issue and will again permit association directories to contain email addresses, phone numbers, or both. This bill has cleared the House Committee and been referred to the entire House.
Unlike its counterparts above SB14-140, the bill that would require limited purpose communities adopt all of CCIOA prior to enforcing their lien rights, has not yet moved on. The bill was discussed in Committee with some testimony, but has not moved past that.
As these bills make their way through the legislative process we will continue to keep you updated.