Real Property - Insufficient Condominium Reserve Account Grant Fund - Establishment
What this bill does
Establishing the Insufficient Condominium Reserve Account Grant Fund to provide grants to low-income condominium owners who live in condominiums with insufficient reserve accounts to enable a low-income unit owner to pay increased assessments necessary for a condominium association to meet reserve account funding requirements; requiring that the Fund prioritize low-income adults aged 65 years or older; and requiring by December 31 annually, low-income unit owners who received grants to make a certain report regarding the reserve account balance.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (15)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Rosenberg, Samuel | House of Delegates | Oral + Written (PDF) |
| FAV | Frey, Leslie | Montgomery County | Written (PDF) |
| FAV | Benn, Delia | Individual | Oral |
| FAV | Broker, Barry | Individual | Oral |
| FAV | Budlow, Lisa | Individual | Oral + Written (PDF) |
| FAV | Delegate Rosenberg, Delegate Rosenberglegislator | Individual | Oral |
| FAV | Sklar, Rosalie | Individual | Oral |
| UNF | Diefenbach, Linda | Individual | Position only |
| UNF | Fink, Nelda | Individual | Oral + Written (PDF) |
| UNF | Hopkins, Barbara | Individual | Position only |
| UNF | Lang, Alan | Individual | Position only |
| UNF | Meyerovich, Mark | Individual | Position only |
| UNF | Sirkel, Robin | Individual | Position only |
| UNF | Volkmar, Leslie | Individual | Position only |
| INFO | Harris, Mrs. | Individual | Position only |