Residential Property - Affordable Housing Land Trusts - Authority To Establish Condominium Regimes

AI Summary

The bill allows affordable housing land trusts to establish condominium regimes for residential properties. This enables the trusts to manage and develop affordable housing units more efficiently. It aims to increase access to affordable housing by providing a legal framework for land trusts to operate condominiums effectively.

• 2023-09-28: Pre-filed

• 2024-01-10: First Reading Environment and Transportation

• 2024-01-10: Hearing 1/30 at 1:00 p.m.

• 2024-01-22: Hearing canceled

• 2024-01-22: Hearing 1/30 at 2:00 p.m.

• 2024-02-07: Favorable Report by Environment and Transportation

• 2024-02-08: Favorable Adopted Second Reading Passed

• 2024-02-13: Third Reading Passed (136-0)

• 2024-02-14: Referred Judicial Proceedings

• 2024-03-22: Hearing 3/26 at 1:00 p.m.

• 2024-03-27: Favorable Report by Judicial Proceedings

• 2024-03-28: Favorable Adopted Second Reading Passed

• 2024-04-03: Third Reading Passed (46-0)

• 2024-04-04: Returned Passed

• 2024-04-25: Approved by the Governor - Chapter 287