This bill amends existing laws regarding condominium associations to modernize quorum and meeting procedures by allowing remote participation and electronic voting. Specifically, it introduces provisions that enable the governing body of the organization of unit owners to hold meetings via telephonic, video, or other interactive electronic communication methods, ensuring that all participants can communicate simultaneously. The bill stipulates that participation through these electronic means will satisfy quorum requirements for both unit owners' associations and board meetings. Additionally, it mandates that the governing body notify all unit owners of such meetings and provide access information to facilitate participation.

The bill also modifies the voting process by allowing electronic participation to meet quorum requirements for voting without a meeting. It requires that ballots and tally sheets be made available electronically for examination and recount upon request. Furthermore, it establishes that the board of directors must adopt a proposed budget annually and provide a summary to unit owners, with the budget being ratified unless a specified number of owners reject it at a meeting. Overall, the bill aims to enhance the efficiency and accessibility of condominium governance through the integration of technology.

Statutes affected:
Introduced: 356-B:38, 356-B:39-a, 356-B:40-c
HB1343 text: 356-B:38, 356-B:39-a, 356-B:40-c