This bill establishes a working group focused on common interest communities (CICs) and homeowners associations (HOAs) in Minnesota. The group is tasked with studying the prevalence and impact of CICs and HOAs, examining various aspects such as their governing documents, associated fees, and the barriers to participation for homeowners. Additionally, the working group will explore the effects of CICs and HOAs on the housing market, racial disparities in home ownership, and accessibility for individuals with disabilities. The group is also expected to recommend legislative reforms and potential consolidation of existing laws governing these communities.

The working group will consist of a diverse membership, including legislators, representatives from housing organizations, legal aid, and individuals with experience in CICs and HOAs. It is required to meet regularly and will be facilitated by the Legislative Coordinating Commission. A final report with recommendations and draft legislation is due by February 1, 2025, after which the working group will expire. The bill is effective immediately upon enactment and will remain in effect until March 1, 2025.