AN ACT CONCERNING THE APPROVAL PROCESS FOR PROPOSED BUDGETS AND SPECIAL ASSESSMENTS IN COMMON INTEREST COMMUNITIES AND THE AVAILABILITY OF A LIST OF NAMES AND ADDRESSES OF UNIT OWNERS.
PUBLIC HEARING 0316
Summary
The bill rewrites Connecticut’s budget‑approval rules for common‑interest communities, mandating that executive boards present a proposed budget and any special assessment to all unit owners, give a summary, and set a voting window of 10‑60 days. Approval occurs by a majority vote (or a higher threshold set in the declaration) and, if not rejected, the proposal is deemed approved. It also requires associations to make a list of owners’ names and addresses available.
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