*SB0195.2*
Reprinted
February 15, 2023
SENATE BILL No. 195
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DIGEST OF SB 195 (Updated February 14, 2023 2:55 pm - DI 149)
Citations Affected: Noncode.
Synopsis: Study of homeowners association issues. Urges the
legislative council to assign to an appropriate interim study committee
the task of studying specific issues concerning homeowners
associations.
Effective: Upon passage.
Ford J.D., Deery, Becker, Qaddoura,
Randolph Lonnie M
January 10, 2023, read first time and referred to Committee on Judiciary.
February 9, 2023, amended, reported favorably — Do Pass.
February 14, 2023, read second time, amended, ordered engrossed.
SB 195—LS 6742/DI 107 Reprinted
February 15, 2023
First Regular Session of the 123rd General Assembly (2023)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
Constitution) is being amended, the text of the existing provision will appear in this style type,
additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional
provision adopted), the text of the new provision will appear in this style type. Also, the
word NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
between statutes enacted by the 2022 Regular Session of the General Assembly.
SENATE BILL No. 195
A BILL FOR AN ACT concerning property.
Be it enacted by the General Assembly of the State of Indiana:
1 SECTION 1. [EFFECTIVE UPON PASSAGE] (a) The legislative
2 council is urged to assign to an appropriate interim study
3 committee during the 2023 legislative interim the task of studying
4 issues pertaining to homeowners associations, including the
5 following:
6 (1) Reviewing the practice of levying and enforcing fines by
7 homeowners associations.
8 (2) Reviewing the accounting and fiduciary responsibilities of
9 homeowners associations.
10 (3) Issues related to funds collected by a homeowners
11 association if the homeowners association ceases to exist.
12 (4) Issues related to a homeowners association entering into
13 maintenance and utility contracts if the homeowners
14 association ceases to exist.
15 (b) This SECTION expires January 1, 2024.
16 SECTION 2. An emergency is declared for this act.
SB 195—LS 6742/DI 107 2
COMMITTEE REPORT
Madam President: The Senate Committee on Judiciary, to which
was referred Senate Bill No. 195, has had the same under consideration
and begs leave to report the same back to the Senate with the
recommendation that said bill be AMENDED as follows:
Page 1, delete lines 10 through 11.
Page 1, line 12, delete "(4)" and insert "(3)".
Page 1, line 14, delete "(5)" and insert "(4)".
Page 1, line 16, delete "(6)" and insert "(5)".
and when so amended that said bill do pass.
(Reference is to SB 195 as introduced.)
BROWN L, Chairperson
Committee Vote: Yeas 11, Nays 0.
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SENATE MOTION
Madam President: I move that Senate Bill 195 be amended to read
as follows:
Page 1, delete lines 8 through 9.
Page 1, line 10, delete "(3)" and insert "(2)".
Page 1, line 12, delete "(4)" and insert "(3)".
Page 1, line 14, delete "(5)" and insert "(4)".
(Reference is to SB 195 as printed February 10, 2023.)
KOCH
SB 195—LS 6742/DI 107