Bill Text - HB1521 (2018)

(New Title) relative to the definition of an emergency for a special assessment in a condominium.


Revision: March 22, 2018, 11:11 a.m.

HB 1521 - AS AMENDED BY THE HOUSE

 

22Mar2018... 0467h

2018 SESSION

18-2365

10/06

 

HOUSE BILL 1521

 

AN ACT relative to the definition of an emergency for a special assessment in a condominium.

 

SPONSORS: Rep. Webb, Rock. 6; Rep. LeBrun, Hills. 32; Rep. Pantelakos, Rock. 25; Rep. Tripp, Rock. 6; Sen. Reagan, Dist 17

 

COMMITTEE: Commerce and Consumer Affairs

 

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AMENDED ANALYSIS

 

This bill defines the term emergency for purposes of a vote for a special assessment in a condominium.

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22Mar2018... 0467h 18-2365

10/06

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to the definition of an emergency for a special assessment in a condominium.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Paragraph; Condominium Act; Adoption of Budgets and Special Assessments; Emergency.  Amend RSA 356-B:40-c by inserting after paragraph III the following new paragraph:

IV.  For the purposes of this section, an "emergency" means a situation that requires immediate action by the board of directors where a danger to the structural integrity of the common areas is discovered or to the life and safety of property unit owners or as required by a court order or to respond to any legal or administrative proceeding brought against the association that could not have been reasonably foreseen by the board in preparing and distributing the annual operating budget.

2  Effective Date.  This act shall take effect 60 days after its passage.

HB 1521 - AS AMENDED BY THE HOUSE

 

22Mar2018... 0467h

2018 SESSION

18-2365

10/06

 

HOUSE BILL 1521

 

AN ACT relative to the definition of an emergency for a special assessment in a condominium.

 

SPONSORS: Rep. Webb, Rock. 6; Rep. LeBrun, Hills. 32; Rep. Pantelakos, Rock. 25; Rep. Tripp, Rock. 6; Sen. Reagan, Dist 17

 

COMMITTEE: Commerce and Consumer Affairs

 

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AMENDED ANALYSIS

 

This bill defines the term emergency for purposes of a vote for a special assessment in a condominium.

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22Mar2018... 0467h 18-2365

10/06

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to the definition of an emergency for a special assessment in a condominium.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Paragraph; Condominium Act; Adoption of Budgets and Special Assessments; Emergency.  Amend RSA 356-B:40-c by inserting after paragraph III the following new paragraph:

IV.  For the purposes of this section, an "emergency" means a situation that requires immediate action by the board of directors where a danger to the structural integrity of the common areas is discovered or to the life and safety of property unit owners or as required by a court order or to respond to any legal or administrative proceeding brought against the association that could not have been reasonably foreseen by the board in preparing and distributing the annual operating budget.

2  Effective Date.  This act shall take effect 60 days after its passage.