Recognizing Indiana State Trooper Nedal Samir Nabhan.

2025 Regular Session Introduced by Chuck Moseley and 1 co-sponsor

HCR 24 requests a state auditor's analysis of condominium association managers to assess the need for regulation, impacting managers and residents alike.

Returned to the House

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Bill Overview

Bill Number: HCR 24

Title: Requesting the Auditor to Conduct a Sunrise Analysis of Condominium Association Managers

Status: Received from House (Hse. Com. No. 503)

Introduced: February 24, 2025

Classification: Concurrent Resolution

Subject: Auditor, Condominium Association Managers, Sunrise Analysis

Purpose and Intent

HCR 24 aims to request the state auditor to perform a sunrise analysis concerning condominium association managers. The intent of this analysis is to evaluate the necessity and implications of regulating condominium association managers, which may include assessing their qualifications, the need for licensure, and the potential impact on stakeholders.

Key Provisions

Sunrise Analysis: The core provision of HCR 24 is the directive for the auditor to conduct a comprehensive analysis. This analysis will focus on:

The current state of condominium association management.
The potential benefits and drawbacks of implementing regulatory measures.
Recommendations for any necessary legislative actions based on the findings.

Affected Parties

The bill primarily affects:
- Condominium Association Managers: Individuals or entities managing condominium associations may face new regulations or standards based on the analysis.
- Condominium Owners and Residents: Homeowners and residents within condominium communities may experience changes in management practices and oversight.
- Legislators and Regulatory Bodies: The findings could influence future legislative measures regarding the regulation of condominium management.

Legislative Timeline and Actions

February 24, 2025: Bill introduced.

March 14, 2025: Referred to the Committees on Consumer Protection & Commerce (CPC) and Finance (FIN).

March 20, 2025: CPC recommended the measure be passed with amendments.

March 25, 2025: Report adopted and referred to FIN.

March 31, 2025: FIN recommended the measure be passed, unamended.

April 3, 2025: The resolution was adopted with no votes against it and some representatives excused.

April 4, 2025: Received from the House and referred to the Committees on Commerce, Consumer Protection, and Finance (CPN, WAM).

Conclusion

HCR 24 represents a proactive step towards evaluating the management of condominium associations in the state. By requesting a sunrise analysis, the resolution seeks to ensure that any future regulations are well-informed and beneficial to all parties involved. The outcome of this analysis could lead to significant changes in how condominium associations are managed and regulated.

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