HB 1005 (2021) -  Investment of Condominium Association Funds

General Bill by Killebrew and 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: July 1, 2021
Last Event: Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) on Friday, April 30, 2021 2:40 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 615 Subject: Community Association Assessment Notices Relationship: Compare
Bill #: CS/CS/HB 867 Subject: Community Associations Relationship: Compare
Bill #: CS/CS/SB 56 Subject: Community Association Assessment Notices Relationship: Compare
Bill #: CS/CS/SB 630 Subject: Community Associations Relationship: Compare
Bill #: CS/SB 1490 Subject: Investments by Condominium Associations Relationship: Compare

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) Time: 04/30/2021 - 2:40 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/02/2021 - 9:21 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 02/25/2021 - 10:09 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 02/25/2021 - 10:09 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 02/25/2021 - 10:09 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 02/25/2021 - 10:09 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 02/16/2021 - 9:20 AM Member: Killebrew Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
718.111 CS/CS/SB 56, CS/HB 615, CS/CS/SB 630, CS/HB 649, CS/CS/HB 867, SB 996, CS/SB 1490, SB 1998
718.112 CS/CS/SB 630, CS/CS/HB 867, CS/SB 1490*, CS/CS/CS/HB 1517, CS/CS/SB 1966
718.3026 CS/SB 1490

(*) Not the latest version