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Housing subcommittee advances condo disclosure and deposit bills, sends taxation bill to study
Summary
The Subcommittee on Housing recommended passage with amendments of House Bill 1523 (condominium disclosures) and Bill 1336 (conditional deposits with an amendment clarifying municipal refunds), and recommended an interim study on House Bill 1681 (tax treatment of occupied vehicles). One bill was held for further review.
At its meeting, the Subcommittee on Housing acted on several bills: it recommended passage of condominium disclosure legislation and a conditional-deposit measure (with an amendment clarifying that municipal deposit funds are returned to the originating municipality), and it recommended sending a taxation bill to interim study.
Condominium disclosure (House Bill 1523): The committee discussed executive-session language and notice periods. Members agreed to amend the bill to ensure consistency with the condominium act’s notice period (changing…
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