HB 2308 Summary

• Prohibits municipalities and counties from requiring subdividers or developers to establish homeowners' associations for single-family residential developments that do not include commonly owned property.

• Allows single-family residential developments without common property to be included in improvement districts only for limited purposes: owning, operating, and maintaining detention basins, landscaping, open spaces, parks, entryways, street rights-of-way, and recreational facilities.

• Permits developers to obtain subdivision approval without establishing an improvement district if the development has no commonly owned property.

• Restricts municipalities and counties from requiring associations to be formed or operated for purposes beyond owning and maintaining common areas and community-owned improvements approved in subdivision platting.

• Increases the petition threshold for dissolution of improvement districts formed under these provisions from 50 percent to 75 percent of property owners, and allows reserve accounts for long-term maintenance expenses that cannot be transferred to other districts or uses.