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CA SB1007
Bill
Status
Introduced
2/9/2026
Primary Sponsor
Caroline Menjivar
Click for details
AI Summary
- Annual budget reports must include a visual aid showing how regular assessments are spent (administrative costs, repairs, maintenance, litigation) and disclose management company compensation
- Associations cannot increase regular assessments above the prior year's amount adjusted for inflation without approval from a majority quorum of members, replacing the previous 20% cap
- Budget report summaries delivered to members must include a high-level breakdown describing what regular assessments fund
- When seeking to impose monetary penalties for governing document violations, associations must provide all physical evidence (photos, videos, audio recordings) and associated digital metadata to the member at least 5 business days before the hearing or response deadline
- Applies to common interest developments (HOAs, condominiums) governed by the Davis-Stirling Act in California
Legislative Description
Common interest developments: annual reports: assessments: discipline.
Last Action
Set for hearing March 17.
3/3/2026
Committee Referrals
Housing2/18/2026
Rules2/9/2026
Full Bill Text
No bill text available