Cooperative Housing Corporations and Condominiums - Funding of Reserve Accounts and Timing of Reserve Studies
Sponsor: J.B. Jennings (District 7)Committee: Judicial ProceedingsSubject: Real PropertyStatus: Hearing 2/25 at 1:00 p.m. (as of Dec 1, 2025)
What this bill does
Official synopsis
Establishing that a reserve study conducted for a cooperative housing corporation or condominium must identify only certain components with a repair or replacement cost that exceeds $10,000; establishing an exception to the requirement to conduct a reserve study for certain cooperative housing corporations and condominiums; altering the timing for an updated reserve study from at least 5 to at least 10 years under certain circumstances; etc.
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Testimony (0)
MGA witness listFAV 7FavorableFWA 2Favorable with amendmentsUNF 3Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Pohlhaus, Jeannie | Cross Keys | Oral |
| FAV | Graf, Lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| FAV | Hyatt, Jeanne | NA | Oral |
| FAV | Zeiler, Karen | Southfield Condominiums | Written (PDF) |
| FAV | Jenkins, Carroll | Individual | Oral |
| FAV | Marks, David | Individual | Oral + Written (PDF) |
| FAV | Senator Jennings, Senator Jenningslegislator | Individual | Oral |
| UNF | Straughn, Karen | Consumer Protection Division of the Office of the Attorney General | Written (PDF) |
| UNF | Manougian, Robin | Maryland Legislative Action Committee | Oral |
| UNF | Silverman, Scott | Nagle & Zaller, PC | Oral + Written (PDF) |
| FWA | Horvath, Steve | HOA United | Written (PDF) |
| FWA | May, Lisalobbyist | Maryland REALTORS | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association