Kentucky Senate Bill 21 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-02-26 - returned to Judiciary (S)
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Create new sections of KRS Chapter 381 to establish definitions for common interest communities which exclude condominiums; prohibit waiver of rights conferred by the bill; impose good faith obligation; establish a requirement to record a declaration for a common interest community with county clerks and set minimum contents of the declaration; limit application to communities created after the effective date or, for existing communities, apply only to events occurring after the effective date; specify that agreements between communities do not create a separate common interest community; require establishment of a unit owners association and specify methods of transfer of developer control to an association; set minimum powers of unit owners associations and boards; set duties and powers of board members; establish minimum requirements for recorded bylaws regarding board and association procedures; establish procedures for calling and conducting association meetings; establish procedures for calling and conducting executive board meetings; define quorum for meetings; create and limit voting methods for unit owners; limit foreclosure action by unit owners association; require records to be kept by association and determine methods of publicizing records; establish procedure for adopting and amending policy rules within the community; specify methods of providing notice to community members; provide for removal of executive board members; require budget and special assessment adoption and publication; allow cause of action to enforce rights and obligations; apply supplemental principles of law and equity.

AN ACT relating to common interest communities.

Sen. Ralph Alvarado [R]

Date	Chamber	Action
2019-02-26	Senate	returned to Judiciary (S)
2019-02-26	Senate	2nd reading
2019-02-26	Senate	taken from Judiciary (S)
2019-02-25	Senate	returned to Judiciary (S)
2019-02-25	Senate	1st reading
2019-02-25	Senate	taken from Judiciary (S)
2019-01-08	Senate	to Judiciary (S)
2019-01-08	Senate	introduced in Senate
2018-12-14	Senate	Prefiled by the sponsor(s).

Type	Source
Summary	https://apps.legislature.ky.gov/record/19RS/sb21.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/sb21/orig_bill.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/19RS/sb21/LM.pdf