There is a hearing on Monday, April 23, 2007 at 10:30 a.m. in room 229 on a bill of interest to community associations before a Conference Committee.

House Conferees: Representatives h, Co-Chairs; Ward
Senate Conferees: Senators Fukunaga, Chair; Taniguchi/Baker, Co-Chairs; Chun Oakland,

The hearing notice discusses the following bills of interest to community associations:

SB 600 HD2 This bill would provide a tax exemption for an unspecified portion of the capital gains tax for the sale of the leased fee interest to condominium associations or residential cooperatives. This would benefit associations and lessees in community associations by encouraging the sale of leased fee interests.

AS THIS IS A DECISION MAKING MEETING ONLY, NO PUBLIC TESTIMONY WILL BE ACCEPTED. You can of course contact any of the conferees.