summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to assist condominium association members in accessing certain paperwork. Housing.
AI Summary
This bill aims to assist condominium association members in accessing certain paperwork. It amends the General Laws of Massachusetts to impose penalties on parties responsible for keeping condominium records who fail to comply with record-keeping requirements. Specifically, the bill requires the party responsible for keeping records to prepare and distribute a financial report within 120 days of the fiscal year-end, and mandates that the report be reviewed by an independent certified public accountant. Failure to comply with these provisions can result in fines of up to $1,000 and a 6-month ban on entering new management service contracts within the Commonwealth. Additionally, the bill grants the Attorney General the authority to enforce these record-keeping requirements and promulgate related rules and regulations.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Accompanied a study order, see H4743 (on 07/12/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H664 |
| Bill | https://malegislature.gov/Bills/190/H664.pdf |
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