HB466 (2021) Detail

 relative to contract powers of condominium unit owners' associations.


HB 466  - AS INTRODUCED

 

 

2021 SESSION

21-0593

10/05

 

HOUSE BILL 466

 

AN ACT  relative to contract powers of condominium unit owners' associations.

 

SPONSORS: Rep. Read, Rock. 17; Sen. Sherman, Dist 24

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill requires a condominium unit owner who contracts for property management, maintenance, or improvements business with the condominium recuse himself or herself from any participation in or vote on the awarding of the contract.  Any such relationship shall be disclosed by the unit owners' association.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

21-0593

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty One

 

AN ACT  relative to contract powers of condominium unit owners' associations.

 

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

 

1  New Paragraph; Condominiums; Powers of Unit Owners' Association.  Amend RSA 356-B:42 by inserting after paragraph III the following new paragraph:

IV.  If any unit owner or business where a unit owner is the owner or director of a business or has a pecuniary interest in a business, bids or contracts for property management, maintenance, or improvements with their unit owners' association, the unit owner shall recuse himself or herself from any participation in or vote on the awarding of the contract.  The unit owners' association shall disclose to its unit owners the relationship of any unit owner or business where a unit owner is the owner or director of a business or has a pecuniary interest in a business with the contract for property management, maintenance, or improvements.  This paragraph shall not apply to a unit owners' association in which owners own time sharing interests.

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

Links

HB466 at GenCourtMobile
HB466 Discussion

Action Dates

Date Body Type
Feb. 3, 2021 House Hearing
March 2, 2021 House Exec Session
March 3, 2021 House Exec Session
House Floor Vote

Bill Text Revisions

HB466 Revision: 31785 Date: Jan. 10, 2021, 1:44 p.m.

Docket


April 7, 2021: Reconsider (Rep. Osborne): MF VV 04/07/2021 HJ 5 P. 50


April 7, 2021: Inexpedient to Legislate: MA VV 04/07/2021 HJ 5 P. 6


: Committee Report: Inexpedient to Legislate (Vote 17-1; CC) HC 18 P. 4


March 3, 2021: ==CONTINUED== Executive Session: 03/03/2021 01:30 pm Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/98917516497 (if necessary)


March 2, 2021: Executive Session: 03/02/2021 09:00 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/95215897452


Feb. 3, 2021: Public Hearing: 02/03/2021 09:45 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/91813981191 / Executive session on pending legislation may be held throughout the day (time permitting) from the time the committee is initially convened.


Jan. 6, 2021: Introduced (in recess of) 01/06/2021 and referred to Commerce and Consumer Affairs HJ 2 P. 49