Bill Summary By
CCFJ Director for Legislative Affairs
Milena Macias, Esq.

 

ANALYSIS OF BILL HB 173

LEGISLATIVE SESSION 2024

HB 173 (SUMMARY): Not-for-profit Corporations that Operate Residential Homeowners' Associations

GENERAL BILL by Representative Kimberly Daniels
Effective Date: 7/1/2024

 

We cannot support this bill.  This bill relates to not-for-profit corporations that operate residential homeowners'  associations; and provides requirements for not-for-profit corporations that operate residential communities.

Itís nonsensical and useless, and, even in its current preliminary stage demonstrates a path is that is dangerous, authoritarian and against public policy.  The bill, in part, reads as follows:   

 

ďA not-for-profit corporation incorporated under chapter 617 that operates an association must do all of the following:

a. Donate or use at least 15 percent of the association's total annual income to benefit the community the county in which the community served by the association is located.

b. Maintain, and make available upon request, documentation and records detailing how such funds were used or where such funds were donated.Ē

 

This nightmare of a bill should never have been reduced to a writing.   This bill cannot force a tithe of 15 percent to owners in mandatory associations, especially since Chapters 718, 719, 720 F.S. prevail over any contradiction with chapter 617 F.S. under 617.1703(1)(a) F.S.

 

EFFECTIVE JULY 1, 2024


ORIGINALLY  FILED VERSION OF HB 173

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