20 | 17 | | First Regular Session of the 123rd General Assembly (2023) |
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21 | 18 | | PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana |
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22 | 19 | | Constitution) is being amended, the text of the existing provision will appear in this style type, |
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23 | 20 | | additions will appear in this style type, and deletions will appear in this style type. |
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24 | 21 | | Additions: Whenever a new statutory provision is being enacted (or a new constitutional |
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25 | 22 | | provision adopted), the text of the new provision will appear in this style type. Also, the |
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26 | 23 | | word NEW will appear in that style type in the introductory clause of each SECTION that adds |
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27 | 24 | | a new provision to the Indiana Code or the Indiana Constitution. |
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28 | 25 | | Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts |
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29 | 26 | | between statutes enacted by the 2022 Regular Session of the General Assembly. |
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30 | 27 | | SENATE BILL No. 195 |
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31 | 28 | | A BILL FOR AN ACT concerning property. |
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32 | 29 | | Be it enacted by the General Assembly of the State of Indiana: |
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33 | 30 | | 1 SECTION 1. [EFFECTIVE UPON PASSAGE] (a) The legislative |
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34 | 31 | | 2 council is urged to assign to an appropriate interim study |
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35 | 32 | | 3 committee during the 2023 legislative interim the task of studying |
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36 | 33 | | 4 issues pertaining to homeowners associations, including the |
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37 | 34 | | 5 following: |
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38 | 35 | | 6 (1) Reviewing the practice of levying and enforcing fines by |
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39 | 36 | | 7 homeowners associations. |
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40 | | - | 8 (2) Reviewing the accounting and fiduciary responsibilities of |
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41 | | - | 9 homeowners associations. |
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42 | | - | 10 (3) Issues related to funds collected by a homeowners |
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43 | | - | 11 association if the homeowners association ceases to exist. |
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44 | | - | 12 (4) Issues related to a homeowners association entering into |
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45 | | - | 13 maintenance and utility contracts if the homeowners |
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46 | | - | 14 association ceases to exist. |
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47 | | - | 15 (b) This SECTION expires January 1, 2024. |
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48 | | - | 16 SECTION 2. An emergency is declared for this act. |
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| 37 | + | 8 (2) Consideration of the regulation of homeowners association |
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| 38 | + | 9 dues. |
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| 39 | + | 10 (3) Reviewing the accounting and fiduciary responsibilities of |
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| 40 | + | 11 homeowners associations. |
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| 41 | + | 12 (4) Issues related to funds collected by a homeowners |
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| 42 | + | 13 association if the homeowners association ceases to exist. |
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| 43 | + | 14 (5) Issues related to a homeowners association entering into |
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| 44 | + | 15 maintenance and utility contracts if the homeowners |
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| 45 | + | 16 association ceases to exist. |
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| 46 | + | 17 (b) This SECTION expires January 1, 2024. |
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50 | 50 | | COMMITTEE REPORT |
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51 | 51 | | Madam President: The Senate Committee on Judiciary, to which |
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52 | 52 | | was referred Senate Bill No. 195, has had the same under consideration |
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53 | 53 | | and begs leave to report the same back to the Senate with the |
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54 | 54 | | recommendation that said bill be AMENDED as follows: |
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55 | 55 | | Page 1, delete lines 10 through 11. |
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56 | 56 | | Page 1, line 12, delete "(4)" and insert "(3)". |
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57 | 57 | | Page 1, line 14, delete "(5)" and insert "(4)". |
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58 | 58 | | Page 1, line 16, delete "(6)" and insert "(5)". |
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59 | 59 | | and when so amended that said bill do pass. |
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60 | 60 | | (Reference is to SB 195 as introduced.) |
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61 | 61 | | BROWN L, Chairperson |
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62 | 62 | | Committee Vote: Yeas 11, Nays 0. |
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63 | | - | _____ |
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64 | | - | SENATE MOTION |
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65 | | - | Madam President: I move that Senate Bill 195 be amended to read |
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66 | | - | as follows: |
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67 | | - | Page 1, delete lines 8 through 9. |
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68 | | - | Page 1, line 10, delete "(3)" and insert "(2)". |
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69 | | - | Page 1, line 12, delete "(4)" and insert "(3)". |
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70 | | - | Page 1, line 14, delete "(5)" and insert "(4)". |
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71 | | - | (Reference is to SB 195 as printed February 10, 2023.) |
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72 | | - | KOCH |
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