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Legislative Year: 2023 Change

Bill Detail: HB23-1131

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Title Majority Of Unit Owners Required For Home Owners' Association Budgets
Status House Committee on Transportation, Housing & Local Government Postpone Indefinitely (02/14/2023)
Bill Subjects
  • Housing
House Sponsors R. Weinberg (R)
Senate Sponsors
House Committee Transportation, Housing and Local Government
Senate Committee
Date Introduced 01/30/2023

The bill requires a majority of all unit owners in a common interest
community to be present at a meeting of the executive board of the unit
owners' association (executive board) in order for the executive board to
vote on a proposed budget. If a majority of all unit owners are present at
the meeting and the executive board approves the proposed budget, a
majority of unit owners present at the meeting may vote to veto the
proposed budget.

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