Maryland House Bill 1035

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-08 - Hearing 2/27 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Establishing the Insufficient Condominium Reserve Account Grant Fund to provide grants to low-income condominium owners who live in condominiums with insufficient reserve accounts to enable a low-income unit owner to pay increased assessments necessary for a condominium association to meet reserve account funding requirements; requiring that the Fund prioritize low-income adults aged 65 years or older; and requiring by December 31 annually, low-income unit owners who received grants to make a certain report regarding the reserve account balance.

Real Property - Insufficient Condominium Reserve Account Grant Fund - Establishment

Del. Samuel Rosenberg [D]

Del. Dalya Attar [D]

Del. Malcolm Ruff [D]

Date	Chamber	Action
2024-02-08	House	Hearing 2/27 at 1:00 p.m.
2024-02-07	House	First Reading Environment and Transportation

Chapter	Article	Section	Citation Type	Statute Text
Real Property	11	144	(n/a)	See Bill Text
State Finance and Procurement	6	226	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1035?ys=2024RS
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb1035f.pdf