# Connecticut SB 00816: AN ACT CONCERNING RESERVE FUNDS IN COMMON INTEREST COMMUNITIES.

Connecticut SB 00816, AN ACT CONCERNING RESERVE FUNDS IN COMMON INTEREST COMMUNITIES., is a 2025 Regular Session Senate bill sponsored by Martin M. Looney (Democratic); status failed, last action 2025-01-21 (Referred to Joint Committee on Insurance and Real Estate) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/CT-SB00816-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 00816
- State: Connecticut
- Session: 2025 Regular Session
- Title: AN ACT CONCERNING RESERVE FUNDS IN COMMON INTEREST COMMUNITIES.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-21
- Last action: 2025-01-21, Referred to Joint Committee on Insurance and Real Estate
- Sponsor: Martin M. Looney (Democratic)
- Cosponsors: 0
- Subjects: insurance and real estate
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

To require the executive board of any common interest community to perform an annual study of the association's funds in reserve and make recommendations concerning the allocation of funds to such reserves.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Martin M. Looney (Democratic), Senate

## Actions (1)

- 2025-01-21: Referred to Joint Committee on Insurance and Real Estate (legislature)

## Bill text

- Proposed Bill, 2025-01-21: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00816-R00-SB.PDF)

## Related bills

- HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST. (signed)
- SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE. (signed)
- SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES. (signed)
- SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNPAID SEWER ASSESSMENTS AND OTHER FEES AND CHARGES. (signed)
- HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS. (signed)
- HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE. (signed)

## Sources
- [Proposed Bill (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00816-R00-SB.PDF)

## Related
- [HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST.](https://policyrisk.com/state-bill/CT-HB05013-2025)
- [SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF T…](https://policyrisk.com/state-bill/CT-SB01558-2025)
- [SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES.](https://policyrisk.com/state-bill/CT-SB01396-2025)
- [SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNP…](https://policyrisk.com/state-bill/CT-SB01187-2025)
- [HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS.](https://policyrisk.com/state-bill/CT-HB07236-2025)
- [HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE.](https://policyrisk.com/state-bill/CT-HB07192-2025)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB00816-2025 (as of 2026-10-17).