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Committee approves bill restricting HOA foreclosures until alternative collection attempts made
Summary
House Bill 2264, sponsor Representative Miller said, would curb a homeowner association's ability to foreclose on assessment liens until the HOA has attempted other collection measures. The committee reported the bill out unanimously.
The House Rules Committee gave House Bill 2264 a do-pass recommendation after sponsor Representative Miller said the bill limits when a homeowners association may foreclose on an assessment lien.
Representative Miller explained the bill “gives more latitude to the homeowner, essentially. So the bill would restrict the ability of a HOA to foreclose on an assessment lien whether that was for dues or fines, including attorney fees, until such time as HOA has attempted to collect otherwise.”
Committee members moved adoption of the PCS as the working draft without objection. The roll call was declared 10 aye, 0 nay; the committee reported the bill as due passed. No amendments or fiscal impacts were discussed on the record at the hearing.
The sponsor and committee did not specify a detailed enforcement regimen on the record; committee members did not request additional fiscal information during the presentation.
