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SB 2300: CONDOMINIUM ASSOCIATIONS; BUDGET SUMMARIES; REPLACEMENT RESERVES

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2026-01-15

Current Status:

In Progress

(2026-02-13: The committee on CPN deferred the measure.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Reduces condominium associations' cash flow plans from a thirty-year projection to a twenty-five-year projection of the association's future income and expenses to fully fund its replacement reserves requirements each year during that twenty-five-year period.

Discussed in Hearing

Senate Standing Committee on Commerce and Consumer Protection12MIN
Feb 13, 2026

Senate Standing Committee on Commerce and Consumer Protection

Senate Standing Committee on Commerce and Consumer Protection21SEC
Feb 13, 2026

Senate Standing Committee on Commerce and Consumer Protection

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News Coverage:

SB 2300: Condominium Associations; Budget Summaries; Replacement Reserves | Digital Democracy