HB 1647

  • Hawaii House Bill
  • 2024 Regular Session
  • Introduced in House Jan 18, 2024
  • House
  • Senate
  • Governor

Relating To Condominiums.

Abstract

Requires boards of directors of condominium associations to deposit at least ten per cent of all revenues for each fiscal year, except for estimated replacement reserve assessments, into the total replacement reserves fund of the association. Requires the Real Estate Commission to enforce the minimum deposit requirement and allows unit owners to file complaints with the Commission. Holds board members who fail to comply with the minimum deposit requirement personally liable and subject to a fine.

Bill Sponsors (3)

Votes


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Actions


Jan 30, 2024

House

The committee(s) on CPC recommend(s) that the measure be deferred.

Jan 26, 2024

House

Bill scheduled to be heard by CPC on Tuesday, 01-30-24 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.

Jan 24, 2024

House

Referred to CPC, JHA, referral sheet 1

  • Referral-Committee
Consumer Protection & Commerce Judiciary & Hawaiian Affairs

Jan 18, 2024

House

Introduced and Pass First Reading.

Jan 17, 2024

House

Pending introduction.

Bill Text

Bill Text Versions Format
HB1647 PDF HTML

Related Documents

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Sources

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