4may00.....4313-EBA

2000 SESSION

00-2241

05/01

HOUSE BILL 1457

COMMITTEE: Commerce

ANALYSIS

This bill creates a committee to study all aspects of the condominium act established under RSA 356-B.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

4may00.....4313-EBA

00-2241

05/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand

Be it Enacted by the Senate and House of Representatives in General Court convened:

186:1 Committee Established. There is established a committee to study all aspects of the condominium act established under RSA 356-B.

186:2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Three members of the house of representatives, at least one of whom shall be a member of the house commerce committee, appointed by the speaker of the house.

(b) Three members of the senate, appointed by the president of the senate.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

186:3 Duties. The committee shall study all aspects of the condominium act established under RSA 356-B, soliciting input from organizations including, but not limited to, the attorney general's office and the Community Associations Institute-New Hampshire (C.A.I.). Measures to be considered will include, but not be limited to, enabling legislation to allow condominium associations to adopt provisions in their bylaws to provide for contraction or division by an 80 percent affirmative vote by condominium owners.

186:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section.

186:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the attorney general, the speaker of the house of representatives, the senate president, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2000.

186:6 Effective Date. This act shall take effect upon its passage.

(Approved: May 26, 2000)

(Effective Date: May 26, 2000)