DISSINTER

SB 576 — Maryland

Cooperative Housing Corporations and Condominiums - Emergency Use of Reserve Funds

Providing that reserve funds of a cooperative housing corporation or condominium may be used for purposes other than those specified in the funding plan in an emergency and if the use of funds is approved by an affirmative vote of the members or unit owners having at least two-thirds of the votes in the cooperative housing corporation or the council of unit owners, respectively.

Latest action: Hearing 2/18 at 1:00 p.m. · Feb 5, 2026

In committeeCommittees and CommissionsCondominiumsCooperative AssociationsCorporations and AssociationsEmergenciesReal PropertyResidential PropertyRevenue and TaxesVoting

Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.

Committees: Judicial Proceedings (Senate)

Updated Mar 17, 2026

Timeline

  1. First Reading Judicial Proceedings

    Feb 4, 2026 · Senate

  2. Hearing 2/18 at 1:00 p.m.

    Feb 5, 2026 · Senate

Sponsored by J.B. Jennings

No recorded floor votes yet.

Fiscal and Policy Note — official analysis by legislative staff (PDF) Bill text (First reading) — Maryland General Assembly (PDF) Official record — Maryland General Assembly bill page

Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.