RELATING TO CONDOMINIUMS.
Sponsored By: Jackson D. Sayama (Democratic)
In Committee
Summary
Requires a condominium association to deposit at least ten per cent of all revenues for each fiscal year, except for estimated replacement reserve assessments, into the total replacement reserves fund of the association. Requires the Real Estate Commission to enforce the minimum deposit requirement and allows unit owners to file complaints with the Commission. Holds board members who fail to comply with the minimum deposit requirement personally liable and subject to a fine.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jackson D. Sayama
Democratic • House
Cosponsors
Greggor Ilagan
Democratic • House
Darius K. Kila
Democratic • House
Matthias Kusch
Democratic • House
Nicole E. Lowen
Democratic • House
Lisa Marten
Democratic • House
Ikaika Olds
Democratic • House
Jenna Takenouchi
Democratic • House
Adrian K. Tam
Democratic • House
Justin H. Woodson
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to CPC, JHA, referral sheet 5
1/30/2026HouseIntroduced and Pass First Reading.
1/28/2026HousePending introduction.
1/26/2026House
Bill Text
Original
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