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Glossary of Legislative Terms

HB 1005: Investment of Condominium Association Funds

GENERAL BILL by Killebrew ; Fine

Investment of Condominium Association Funds; Provides & revises condominium association recordkeeping requirements; provides alternative methods & requirements for investment of association funds; provides how earnings, rather than interest, that accrue on reserve funds may be used; excludes contracts for registered investment advisor services from certain requirements.

Effective Date: 7/1/2021
 Last Action: 4/30/2021 House - Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/16/2021 House • Filed
    2/25/2021 House • Referred to Insurance & Banking Subcommittee
    • Referred to Civil Justice & Property Rights Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    3/2/2021 House • 1st Reading (Original Filed Version)
    4/30/2021 House • Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)

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  • HB 1005, Original Filed Version (Current Bill Version) Posted 2/16/2021 at 9:20 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 615 (c1) Community Association Assessment Notices Rodriguez Compare Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) Track This Bill
    H 867 (c2) Community Associations Shoaf Compare Last Action: 4/26/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 630 (Ch. 2021-99), CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 1966 (Ch. 2021-135) Track This Bill
    S 56 (er) Community Association Assessment Notices Rodriguez Compare Last Action: 6/17/2021 Chapter No. 2021-91, companion bill(s) passed, see CS/CS/SB 630 (Ch. 2021-99) Track This Bill
    S 630 (er) Community Associations Baxley Compare Last Action: 6/17/2021 Chapter No. 2021-99, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 1966 (Ch. 2021-135) Track This Bill
    S 1490 (c1) Investments by Condominium Associations Pizzo Compare Last Action: 4/30/2021 S Died in Rules, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99) Track This Bill

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    718.111 The association. Page 1 (pdf)
    718.112 Bylaws. Page 8 (pdf)
    718.3026 Contracts for products and services; in writing; bids; exceptions. Page 11 (pdf)

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