The bill CS/CS/HB 913 amends Florida laws governing condominium and cooperative associations, focusing on enhancing transparency, accountability, and operational efficiency. Key provisions include the requirement for community association managers to maintain an online licensure account with the Department of Business and Professional Regulation, prohibiting individuals with revoked licenses from holding positions in management firms for ten years, and mandating that associations solicit multiple bids for services that may present conflicts of interest. The bill also introduces stricter regulations for financial reporting, requiring associations to submit financial reports within specified timeframes and allowing for electronic voting and meeting participation.

Additionally, the bill establishes new requirements for structural integrity reserve studies, mandating inspections for buildings three habitable stories or higher every ten years and requiring licensed professionals to disclose any conflicts of interest. It enhances the responsibilities of condominium associations regarding insurance coverage and official records, ensuring that sensitive information is protected while promoting accessibility for unit owners. The legislation aims to improve the governance structure of condominium associations, ensuring fair elections, informed board members, and prudent financial management, with an effective date set for July 1, 2025.

Statutes affected:
H 913 Filed: 627.351, 718.116, 718.203, 718.301, 718.407
H 913 c1: 627.351, 718.116, 718.203, 718.301, 718.407
H 913 c2: 718.103, 718.116, 718.203, 718.301, 718.407, 914.21
H 913 e1: 468.4335, 718.1265, 718.203, 718.301, 718.302, 718.407, 719.128, 719.501, 914.21
H 913 er: 468.4335, 718.1265, 718.203, 718.301, 718.302, 718.407, 719.128, 719.501, 914.21