Thousands of condominium owners could face hefty increases in their association fees under a bill that advanced in the Florida House Thursday that would impose strict new financial requirements to pay for structural repairs.
The bill, PCB PPE 22-03, is similar to proposals moving through the Senate and, because it has the support of House and Senate leadership, is expected to become law. It was passed unanimously Thursday by the House Pandemic and Public Emergencies Committee.
“This is a bill that is long overdue," Rep. Danny Perez, a Miami Republican who is shepherding the bill through the House.