HB1053Introduced in the House
Relating To Condominium Association's Operating Budget.
Introduced by Nadine Nakamura, District 15
What does this bill do?
Plain-English breakdown
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Official description
Permits condominium associations to borrow from or reallocate their reserve funds; provided that the loan is repaid within one year. Effective 7/1/3000. (HD1)
Where it stands
Carried over to 2026 Regular Session.
December 8, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Pending introduction.
Introduced and Pass First Reading.
Referred to CPC, FIN, referral sheet 3
Bill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Marten, Pierick; Ayes with reservations: Representative(s) Iwamoto, Tam; Noes: none; and 2 Excused: Representative(s) Kong, Lowen.
Reported from CPC (Stand. Com. Rep. No. 419) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Ward excused (2).
Carried over to 2026 Regular Session.
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