republic-os/legislation/us/states/va/2024/hb-1209.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Common interest communities; reserve studies, special assessment rescission or reduction.	Common interest communities; reserve studies; special assessment rescission or reduction. Removes certain provisions of the Property Owners' Association Act and the Virginia Condominium Act that authorize associations governed by such Acts to rescind or reduce certain assessments necessary for the maintenance and upkeep of the common area or other association responsibilities, including maintenance, repair, and replacement of capital components. The bill also authorizes such associations to borrow money for certain purposes and assign all revenues to be received by such association to its creditors. Finally, the bill defines the term "reserve study" as a capital budget planning tool used to determine the physical status and estimated repair or replacement cost of capital components and an analysis of association funding capacity to maintain, repair, and replace capital components.	us/states/va	Virginia General Assembly	2024	HB 1209	Virginia HB 1209 (2024)	bill		enacted	David L. Bulova	4	36	7	2024-01-10	2024-04-02	openstates	ocd-bill/a9089255-36c1-4960-aaa8-0d29f8ed2fee	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1209	5e6ab1e9feb175aad94dee2d49cad69192c9ccbfd4dcad37329d27231d8f3c2d	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 1209 (2024) — Common interest communities; reserve studies, special assessment rescission or reduction.

Common interest communities; reserve studies; special assessment rescission or reduction. Removes certain provisions of the Property Owners' Association Act and the Virginia Condominium Act that authorize associations governed by such Acts to rescind or reduce certain assessments necessary for the maintenance and upkeep of the common area or other association responsibilities, including maintenance, repair, and replacement of capital components. The bill also authorizes such associations to borrow money for certain purposes and assign all revenues to be received by such association to its creditors. Finally, the bill defines the term "reserve study" as a capital budget planning tool used to determine the physical status and estimated repair or replacement cost of capital components and an analysis of association funding capacity to maintain, repair, and replace capital components.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. CHAP0324 (committee substitute) — source
2. HB1209ER (committee substitute) — source
3. Prefiled and ordered printed; offered 01/10/24 24105157D (committee substitute) — source
4. Printed as engrossed 24105157D-E (committee substitute) — source

Votes

• Subcommittee recommends reporting (7-Y 1-N) — 7–1 (pass) · lower
• Reported from General Laws and Technology with amendments (15-Y 0-N) — 15–0 (pass) · upper
• Passed Senate with amendments (31-Y 8-N) — 31–8 (pass) · upper
• VOTE: Block Vote Passage (98-Y 0-N) — 97–0 (pass) · lower
• Reported from General Laws with amendment(s) (22-Y 0-N) — 22–0 (pass) · lower
• VOTE: Adoption (92-Y 5-N) — 91–5 (pass) · lower
• Constitutional reading dispensed (38-Y 0-N) — 38–0 (pass) · upper

Sponsors

• David L. Bulova — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-01-10 Prefiled and ordered printed; offered 01/10/24 24105157D filing, introduction
• 2024-01-10 Referred to Committee on General Laws referral-committee
• 2024-01-22 Assigned GL sub: Housing/Consumer Protection referral-committee
• 2024-01-24 Impact statement from DPB (HB1209)
• 2024-01-25 Subcommittee recommends reporting (7-Y 1-N)
• 2024-01-30 House committee, floor amendments and substitutes offered
• 2024-01-30 Reported from General Laws with amendment(s) (22-Y 0-N) committee-passage
• 2024-02-01 Read first time reading-1
• 2024-02-02 Read second time reading-2
• 2024-02-02 Committee amendments agreed to amendment-passage
• 2024-02-02 Engrossed by House as amended HB1209E
• 2024-02-02 Printed as engrossed 24105157D-E
• 2024-02-05 Read third time and passed House BLOCK VOTE (98-Y 0-N) passage, reading-3
• 2024-02-05 VOTE: Block Vote Passage (98-Y 0-N) passage
• 2024-02-06 Constitutional reading dispensed
• 2024-02-06 Referred to Committee on General Laws and Technology referral-committee
• 2024-02-12 Impact statement from DPB (HB1209E)
• 2024-02-14 Senate committee, floor amendments and substitutes offered
• 2024-02-14 Reported from General Laws and Technology with amendments (15-Y 0-N) committee-passage
• 2024-02-16 Constitutional reading dispensed (38-Y 0-N)
• 2024-02-19 Read third time reading-3
• 2024-02-19 Reading of amendments waived
• 2024-02-19 Committee amendments agreed to amendment-passage
• 2024-02-19 Engrossed by Senate as amended
• 2024-02-19 Passed Senate with amendments (31-Y 8-N) passage
• 2024-02-21 Senate amendments agreed to by House (92-Y 5-N) amendment-passage
• 2024-02-21 VOTE: Adoption (92-Y 5-N)
• 2024-02-27 Enrolled enrolled
• 2024-02-27 Bill text as passed House and Senate (HB1209ER) passage
• 2024-02-27 Impact statement from DPB (HB1209ER)
• 2024-02-27 Signed by Speaker passage
• 2024-03-01 Signed by President passage
• 2024-03-11 Enrolled Bill communicated to Governor on March 11, 2024 enrolled, executive-receipt
• 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
• 2024-04-02 Approved by Governor-Chapter 324 (effective 7/1/24) executive-signature
• 2024-04-02 Acts of Assembly Chapter text (CHAP0324)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/a9089255-36c1-4960-aaa8-0d29f8ed2fee. Confidence: reported (aggregated from official Virginia legislature records).