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HB 1041

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Homeowners Associations - Reserve Funding Requirements - Exemption

Sponsor: Denise Roberts (District 25)Committee: Environment and TransportationSubject: Real PropertyStatus: Hearing 2/25 at 1:00 p.m. (as of Dec 1, 2025)

What this bill does

Official synopsis

Providing an exemption to reserve funding requirements for homeowners associations that experience exigent financial circumstances, subject to certain requirements; establishing that a violation of the Act is an unfair, abusive, or deceptive trade practice; and authorizing a certain lot owner to file an action against the governing body of a homeowners association.

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Testimony (0)

MGA witness list
FAV 2FavorableFWA 1Favorable with amendmentsUNF 1UnfavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVDelegate Roberts, Delegate RobertslegislatorIndividualOral
FAVWest, LeslieIndividualOral
UNFClark, AshleylobbyistMD-LACWritten (PDF)
FWAMay, LisalobbyistMaryland REALTORSWritten (PDF)
INFOStraughn, KarenConsumer Protection Division of the Office of the Attorney GeneralWritten (PDF)

Organizations on record

Registered lobbyists who testified

UNFClark, AshleyMD-LACRegistered for: Beltway Fine Wine; Chesapeake Employers' Insurance Company; Community Associations Institute/Maryland Legislative Action Committee; Employ Prince George's, Inc.; Frederick Community College; Greater Baltimore Committee
FWAMay, LisaMaryland REALTORSRegistered for: Maryland REALTORS; Maryland Association of Realtors