BruceF1 (Connecticut)
Posts: 2,535
Posts: 2,535
Posted:
The folks in Hartford are working feverishly all weekend to try to get through all the legislation before the deadline of midnight on Wednesday.
Here's the latest news I received this morning:
HB 6477: This is the one that extends the time limit for filing liens. Back from committee and passed by the house. Now on the Senate calendar.
HB 6513: This is the really BIG news! The Senate has amended the bill and rendered it practically useless! The amended version of the bill was passed unanimously by the Senate and immediately sent back to the House.
What the Senate has done is to amend the bill so that it affects only those associations, or combination of associations, that consist of more than 2,400 units. For those communities of 2,400 units or less, nothing changes. The voting requirement regarding the budget remains as it is under the present CIOA.
The way I see it, this likely means the bill applies to one, and only one, Connecticut community. For the rest of us, it's business as usual, just as it has been done under the present CIOA. For small associations like yours and mine, Don, nothing changes.
Of course, this assumes the House accepts the amendment, or that they work out some compromise.
It ain't over yet, folks.
Here's the latest news I received this morning:
HB 6477: This is the one that extends the time limit for filing liens. Back from committee and passed by the house. Now on the Senate calendar.
HB 6513: This is the really BIG news! The Senate has amended the bill and rendered it practically useless! The amended version of the bill was passed unanimously by the Senate and immediately sent back to the House.
What the Senate has done is to amend the bill so that it affects only those associations, or combination of associations, that consist of more than 2,400 units. For those communities of 2,400 units or less, nothing changes. The voting requirement regarding the budget remains as it is under the present CIOA.
The way I see it, this likely means the bill applies to one, and only one, Connecticut community. For the rest of us, it's business as usual, just as it has been done under the present CIOA. For small associations like yours and mine, Don, nothing changes.
Of course, this assumes the House accepts the amendment, or that they work out some compromise.
It ain't over yet, folks.