Bill > SB71

This bill establishes a Task Force on Common Ownership Communities (COCs), which includes condominiums, cooperative housing corporations, and homeowners associations. The Task Force will comprise 16 members, including state legislators, government officials, and representatives from various sectors such as legal, insurance, accounting, and community management. The members will be appointed by the Senate President, House Speaker, and Governor, and will not receive compensation but can be reimbursed for expenses. The Task Force's primary objectives include studying education and training needs for COC boards and owners, exploring the feasibility of statewide alternative dispute resolution services, evaluating the potential creation of a permanent State Commission on Common Ownership Communities, examining the possibility of licensing COC managers, and investigating best practices for COC elections and governance. By December 31, 2026, the Task Force must submit a final report with its findings and recommendations to the Governor and General Assembly. The bill will take effect on June 1, 2025, and remain in effect until June 30, 2027, after which it will automatically be abrogated.

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https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0071?ys=2025RS