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Committee hears mixed testimony on HOA transparency bill; industry and homeowner groups disagree over penalties and enforcement
Summary
Senate Bill 25 86 would require homeowners associations to post rules and fees online and provide a penalty for late filing; testimony from HOA trade groups, realtors and homeowner advocates highlighted technical and enforcement issues.
Senate Bill 25 86, introduced by Senator Flores and carried in committee by Senator Nichols, would require homeowners associations (HOAs) to publish governing documents, rules and enforcement policies to a state-maintained website (hoa.Texas) no later than the seventh day after they are filed. The bill proposes civil penalties ($1,000 for the first day and $500 per day thereafter) for failure to file and would prohibit HOAs from recouping such penalties directly through association membership fees.
Testimony…
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