Loading chat...

CT HB05152

Bill

Status

Introduced

2/15/2024

Primary Sponsor

Housing Committee

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Common interest ownership communities (HOAs, condos, etc.) are prohibited from restricting rental units to less than 50% of total units in the community

  • Any rental restriction rules must be recorded on town land records and indexed under the association's name to be enforceable

  • The bill removes the previous standard that rental restrictions had to be "reasonably designed to meet underwriting requirements of institutional lenders"

  • Executive boards must provide unit owners at least 10 days notice before adopting, amending, or repealing any rule, including the proposed text and action date

  • Effective date: October 1, 2024

Legislative Description

An Act Concerning Renters In Common Interest Ownership Communities.

Last Action

Public Hearing 02/20

2/16/2024

Committee Referrals

Housing2/15/2024

Full Bill Text

No bill text available