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HB 23-1131 CO
Introduced

Majority Of Unit Owners Required For Home Owners' Association Budgets

CO · session 2023A · Assembly / House · bill

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Introduced Jan 30, 2023

Latest action (Feb 14, 2023) Introduced In House - Assigned to Transportation, Housing & Local Government

Summary

The bill requires a majority of all unit owners in a common interest community to be present at a meeting of the executive board of the unit owners' association (executive board) in order for the executive board to vote on a proposed budget. If a majority of all unit owners are present at the meeting and the executive board approves the proposed budget, a majority of unit owners present at the meeting may vote to veto the proposed budget. (Note: This summary applies to this bill as introduced.)

Sponsor (1)

Action history (2)

  1. Feb 14, 2023 House Committee on Transportation, Housing & Local Government Postpone Indefinitely · lower
  2. Jan 30, 2023 Introduced In House - Assigned to Transportation, Housing & Local Government · lower

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced (01/30/2023) · PDF
  • Committee Amendment · PDF

Full text

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