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Common interest communities; termination of certain management contracts; transfer of association books and records. Provides that within a reasonable time after termination of a management contract and without additional cost to the association a common interest community manager shall transfer and release all funds and close bank accounts maintained on behalf of an association. This bill incorporates HB 2292.
Introduced
Jan 17, 2025
Last Action
Mar 19, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Acts of Assembly Chapter text (CHAP0105)
Approved by Governor-Chapter 105 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on March 11, 2025
Signed by President
Bill text as passed House and Senate (HB2750ER)
Signed by Speaker
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
Enrolled
Read third time
Passed Senate (31-Y 5-N)
Passed by for the day
Rules suspended
Passed by for the day
Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)
Reported from General Laws and Technology (10-Y 4-N 1-A)
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
Referred to Committee on General Laws and Technology
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N)
Passed House (99-Y 0-N)
Reconsideration of passage agreed to by House
Read second time
Engrossed by House - committee substitute
General Laws Substitute agreed to
Read first time
Incorporates HB2292(Coyner)
Committee substitute printed 25106582D-H1
Reported from General Laws with substitute (21-Y 0-N)
Subcommittee recommends reporting with substitute (7-Y 1-N)
Assigned GL sub: Housing/Consumer Protection
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
Referred to Committee on General Laws
Presented and ordered printed 25105320D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0105)
Carrie E. Coyner