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SB3401Introduced in the Senate

CONDO-RESERVE STUDY

EngrossedHouse Rules

Introduced by Robert Martwick, District 10

What does this bill do?

Plain-English breakdown

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Official description

Amends the Common Interest Community Association Act. Requires a common interest association to conduct and update a reserve study every 5 years. "Reserve study" means an analysis of the reserves required for future major maintenance, repairs, and replacements of the common elements. Grants a 5-year window for an association to conduct a reserve study or update a current study. Requires a reserve study to be made available to any prospective purchaser of a unit upon request for a resale of any unit in the community. Exempts an association with 15 or fewer units but still requires the board to comply with the budgeting and reserve requirements elsewhere in the Act. Amends the Condominium Property Act to make similar changes.

Where it stands

Added Alternate Co-Sponsor Rep. Janet Yang Rohr

May 18, 2026

How did lawmakers vote?

SenateStage: Senate Third Reading · April 15, 2026

55

Yes

0

No

4

Absent or Not Voting

59 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

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See how each senator voted

Bill history

  1. Filed with Secretary by Sen. Robert F. Martwick

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Judiciary

  5. Added as Co-Sponsor Sen. Donald P. DeWitte

  6. To Condominiums

  7. Added as Co-Sponsor Sen. Darby A. Hills

  8. Rule 2-10 Committee Deadline Established As March 27, 2026

  9. Reported Back To Judiciary; 003-000-000

  10. Do Pass Judiciary; 008-000-000

  11. Placed on Calendar Order of 2nd Reading March 26, 2026

  12. Second Reading

  13. Placed on Calendar Order of 3rd Reading April 15, 2026

  14. Third Reading - Passed; 055-000-000

  15. Added as Co-Sponsor Sen. Mattie Hunter

  16. Arrived in House

  17. Chief House Sponsor Rep. Kam Buckner

  18. First Reading

  19. Referred to Rules Committee

  20. Assigned to Judiciary - Civil Committee

  21. Committee Deadline Extended-Rule 9(b) May 15, 2026

  22. House Committee Amendment No. 1 Filed with Clerk by Rep. Kam Buckner

  23. House Committee Amendment No. 1 Referred to Rules Committee

  24. House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee

  25. Added Alternate Co-Sponsor Rep. Rick Ryan

  26. Rule 19(a) / Re-referred to Rules Committee

  27. House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

  28. Added Alternate Co-Sponsor Rep. Janet Yang Rohr

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