2025 Regular SessionVirginia Legislature

HB2750: Common interest communities; termination of certain management contracts.

Legislative Summary

Common interest communities; termination of certain management contracts; transfer of association books and records. Provides that within a reasonable time after termination of a management contract and without additional cost to the association a common interest community manager shall transfer and release all funds and close bank accounts maintained on behalf of an association. This bill incorporates HB 2292.

Demographic Impact

Overall analysis of equity impact

70% Positive
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Bill History

1/17/2025
Presented and ordered printed 25105320D
House of Delegates
1/17/2025
Referred to Committee on General Laws
House of Delegates
1/24/2025
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
House of Delegates
1/27/2025
Assigned GL sub: Housing/Consumer Protection
House of Delegates
1/30/2025
Subcommittee recommends reporting with substitute (7-Y 1-N)
House of Delegates
1/30/2025
Incorporates HB2292(Coyner)
House of Delegates
1/30/2025
Reported from General Laws with substitute (21-Y 0-N)
House of Delegates
1/30/2025
Committee substitute printed 25106582D-H1
House of Delegates
2/2/2025
Read first time
House of Delegates
2/3/2025
Read second time
House of Delegates
2/3/2025
General Laws Substitute agreed to
House of Delegates
2/3/2025
Engrossed by House - committee substitute
House of Delegates
2/4/2025
Read third time and passed House (97-Y 0-N)
House of Delegates
2/4/2025
Reconsideration of passage agreed to by House
House of Delegates
2/4/2025
Passed House (99-Y 0-N)
House of Delegates
2/5/2025
Constitutional reading dispensed (on 1st reading)
Senate
2/5/2025
Referred to Committee on General Laws and Technology
Senate
2/6/2025
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
House of Delegates
2/12/2025
Reported from General Laws and Technology (10-Y 4-N 1-A)
Senate
2/14/2025
Rules suspended
Senate
2/14/2025
Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)
Senate
2/14/2025
Passed by for the day
Senate
2/17/2025
Passed by for the day
Senate
2/18/2025
Read third time
Senate
2/18/2025
Passed Senate (31-Y 5-N)
Senate
3/7/2025
Enrolled
House of Delegates
3/7/2025
Bill text as passed House and Senate (HB2750ER)
House of Delegates
3/7/2025
Fiscal Impact Statement from Department of Planning and Budget (HB2750)
House of Delegates
3/7/2025
Signed by Speaker
House of Delegates
3/10/2025
Signed by President
Senate
3/11/2025
Enrolled Bill communicated to Governor on March 11, 2025
House of Delegates
3/11/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/19/2025
Approved by Governor-Chapter 105 (Effective 07/01/25)
3/19/2025
Acts of Assembly Chapter text (CHAP0105)

Roll Call Votes

Passed Senate (31-Y 5-N)
2/18/2025
31
Yea
5
Nay
0
Not Voting
4
Absent
Result: PASSED
Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)
2/14/2025
36
Yea
0
Nay
0
Not Voting
4
Absent
Result: PASSED
Reported from General Laws and Technology (10-Y 4-N 1-A)
2/12/2025
10
Yea
4
Nay
1
Not Voting
0
Absent
Result: PASSED
Passed House (99-Y 0-N)
2/4/2025
99
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Read third time and passed House (97-Y 0-N)
2/4/2025
97
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
Subcommittee recommends reporting with substitute (7-Y 1-N)
1/30/2025
7
Yea
1
Nay
0
Not Voting
1
Absent
Result: PASSED
Reported from General Laws with substitute (21-Y 0-N)
1/30/2025
21
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Passed(3/19/2025)
Chamber
House of Delegates

Sponsors

Republican: 2

Documents

Chaptered
Bill Text3/19/202529.1 KB
Enrolled
Bill Text3/7/202529.2 KB
Comm Sub
Bill Text1/30/202529.6 KB
Comm Sub
Bill Text1/30/202529.7 KB
Introduced
Bill Text1/17/202529.8 KB
Fiscal Note/Analysis
Fiscal Note/Analysis3/7/2025103.8 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/6/2025101.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/24/2025101.9 KB