From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Defines "structural integrity reserve study"; requires condominium & cooperative associations that govern building of specified height to conduct structural integrity reserve study for specified purpose; provides that condominium & cooperative associations that govern building that does not meet such specified height requirement are not required to conduct structural integrity reserve study; authorizes certain condominium & cooperative associations to elect, by majority vote of unit owners, to waive or reduce reserve contributions.