Summary as passed: (all summaries) Common Interest Communities. Establishes a Common Interest Community Board, creates a Common Interest Management Information Fund, and allows for a certification process for Common Interest Association managers. The bill adds several new definitions to the Property Owners' Association, Condominium, Real Estate Cooperative, and Time-Share Acts, including "common interest community manager." The bill also sets limits for the fees to be charged for preparation of the required disclosure packets and prohibits any other fees not expressly authorized in the POAA. The bill (i) provides that all declarations shall comply with the terms of the POAA, and the associations created in accordance with the POAA shall have only those powers that are expressly granted in the POAA; and (ii) provides that if settlement does not occur within 90 days of the delivery of the disclosure packet, the fee shall be assessed against the lot owner for which the disclosure packet was prepared and shall become as an assessment against the member's lot. The bill contains technical amendments, which reorganize the POAA into three articles: general provisions, disclosure requirements, and operation and management of associations. HB 1076 incorporated into this bill. This bill is identical to SB 301. Full text: 01/07/08 House: Prefiled and ordered printed; offered 01/09/08 087441844 (impact statement) 02/09/08 House: Committee substitute printed 081870744-H1 (impact statement) 02/28/08 Senate: Committee substitute printed 082421744-S1 03/24/08 House: Bill text as passed House and Senate (HB516ER) (impact statement) 04/23/08 House: Reenrolled bill text (HB516ER2) 04/23/08 Governor: Acts of Assembly Chapter text (CHAP0851) Amendments: Governor's recommendation Status: 01/07/08 House: Prefiled and ordered printed; offered 01/09/08 087441844 01/07/08 House: Referred to Committee on General Laws 01/28/08 House: Assigned GL sub: Housing 02/08/08 House: Reported from General Laws with substitute (21-Y 0-N) 02/09/08 House: Committee substitute printed 081870744-H1 02/09/08 House: Read first time 02/11/08 House: Read second time 02/11/08 House: Committee substitute agreed to 081870744-H1 02/11/08 House: Engrossed by House - committee substitute HB516H1 02/12/08 House: Read third time and passed House BLOCK VOTE (98-Y 0-N) 02/12/08 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) 02/12/08 House: Communicated to Senate 02/13/08 Senate: Constitutional reading dispensed 02/13/08 Senate: Referred to Committee on General Laws and Technology 02/27/08 Senate: Reported from General Laws and Technology with substitute (7-Y 3-N) 02/28/08 Senate: Committee substitute printed 082421744-S1 02/29/08 Senate: Passed by for the day 03/03/08 Senate: Constitutional reading dispensed (40-Y 0-N) 03/04/08 Senate: Read third time 03/04/08 Senate: Reading of substitute waived 03/04/08 Senate: Committee substitute agreed to 082421744-S1 03/04/08 Senate: Engrossed by Senate - committee substitute HB516S1 03/04/08 Senate: Passed Senate with substitute (30-Y 9-N) 03/05/08 House: Placed on Calendar 03/05/08 House: Senate substitute agreed to by House 082421744-S1 (97-Y 0-N) 03/05/08 House: VOTE: --- ADOPTION (97-Y 0-N) 03/24/08 House: Enrolled 03/24/08 House: Bill text as passed House and Senate (HB516ER) 03/24/08 House: Signed by Speaker 03/26/08 Senate: Signed by President 04/11/08 House: Governor's recommendation received by House 04/22/08 House: Placed on Calendar 04/23/08 House: House concurred in Governor's recommendation (98-Y 0-N) 04/23/08 House: VOTE: --- ADOPTION (98-Y 0-N) 04/23/08 Senate: Senate concurred in Governor's recommendation (39-Y 0-N) 04/23/08 Governor: Governor's recommendation adopted 04/23/08 House: Reenrolled 04/23/08 House: Reenrolled bill text (HB516ER2) 04/23/08 House: Signed by Speaker as reenrolled 04/23/08 Senate: Signed by President as reenrolled 04/23/08 Governor: Approved by Governor-Chapter 851 (effective 7/1/08) 04/23/08 Governor: Acts of Assembly Chapter text (CHAP0851) |