Introduced
by
To prohibit a residential real estate developer from imposing a "capital recovery fee" on homeowners through contract of covenant, defined as a provision that requires any subsequent seller to pay a fee to the developer.
Referred to the Committee on Regulatory Reform
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the House 109 to 0 (details)
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To prohibit a residential real estate developer from imposing a "capital recovery fee" on homeowners through contract of covenant, defined as a provision that requires any subsequent seller to pay a fee to the developer.
