House Bill No. [insert bill number] aims to enhance the governance and transparency of homeowners associations in Louisiana by enacting R.S. 9:1141.51. The bill establishes a framework to protect homeowners' rights, promote accountability, and ensure fair governance within planned communities. Key provisions include the requirement for associations to convert existing governing documents to comply with the new regulations by January 1, 2027, and to create an online portal for posting official records, meeting notices, and governing documents. Additionally, associations must provide members with access to essential documents and allow inspection of records within fourteen business days of a written request.

The bill also outlines specific requirements for board composition, meeting protocols, vendor contracts, budgeting, and assessment processes. It mandates that annual budgets detail expenses and be communicated to members within ten days of the fiscal year, while also limiting annual dues increases to 20% without member approval. Furthermore, the legislation addresses the handling of liens and fines, stipulating that no liens can be placed for fines and requiring a judicial hearing for delinquency claims. The Attorney General is tasked with tracking homeowner complaints against associations, and associations found in violation of the new provisions may be liable for damages and attorney fees.