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The Florida Senate

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



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)