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Bill would ease reserve, audit and EV rules for very small HOAs
Summary
House Bill 2354 would exempt very small common-interest communities from most uniform-common-interest rules, remove an annual reserve-study mandate for middle housing, raise the audit threshold from $50,000 to $100,000, and keep owner financial responsibility for unit-specific EV chargers and heat pumps.
A proposed substitute to House Bill 2354 would scale back several obligations imposed by the state's common-interest-community law for very small homeowners associations and similar groups.
Yolanda Baker, staff to the House Civil Rights and Judiciary Committee, told the panel the substitute would: exempt small "middle housing" common-interest communities with no more than 50 units and average annual assessments near $1,000 from most Wakaowa provisions; eliminate the…
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