HB 1005: Investment of Condominium Association Funds
GENERAL BILL by Killebrew ; Fine
Investment of Condominium Association Funds; Provides & revises condominium association recordkeeping requirements; provides alternative methods & requirements for investment of association funds; provides how earnings, rather than interest, that accrue on reserve funds may be used; excludes contracts for registered investment advisor services from certain requirements.
Effective Date: 7/1/2021
Last Action: 4/30/2021 House - Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
Bill Text: PDF
Last Action: 4/30/2021 House - Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
Bill Text: PDF
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Bill History
Date Chamber Action 2/16/2021 House • Filed
2/25/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/2/2021 House • 1st Reading (Original Filed Version)
4/30/2021 House • Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
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HB 1005, Original Filed Version (Current Bill Version) Posted 2/16/2021 at 9:20 AM
Bill Text: PDF Analyses: None Related Bills (5)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 615 (c1) Community Association Assessment Notices Rodriguez Compare Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) H 867 (c2) Community Associations Shoaf Compare Last Action: 4/26/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 630 (Ch. 2021-99), CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 1966 (Ch. 2021-135) S 56 (er) Community Association Assessment Notices Rodriguez Compare Last Action: 6/17/2021 Chapter No. 2021-91, companion bill(s) passed, see CS/CS/SB 630 (Ch. 2021-99) S 630 (er) Community Associations Baxley Compare Last Action: 6/17/2021 Chapter No. 2021-99, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 1966 (Ch. 2021-135) S 1490 (c1) Investments by Condominium Associations Pizzo Compare Last Action: 4/30/2021 S Died in Rules, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 718.111 The association. Page 1 (pdf) 718.112 Bylaws. Page 8 (pdf) 718.3026 Contracts for products and services; in writing; bids; exceptions. Page 11 (pdf)