SB 233
AN ACT relating to property owner associations.
In Plain Language
This bill removes financial reporting and record-keeping requirements for small planned communities and condominiums that have 14 units or fewer. Larger communities would still have to follow these requirements.
Official summary
Amend KRS 381.794 to exempt planned communities with 14 or fewer units from financial reporting and document retention requirements; amend KRS 381.9197 to exempt condominiums with 14 or fewer units from financial reporting and document retention requirements.
Sponsor
G. Neal (Democratic-33)
Cosponsors
2 listed
Latest action
to Committee on Committees (H)
Mar 17, 2026
Official source
Action history
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