House Bill 23-1131, which would have required a majority of unit owners present at a Board meeting for the Board to approve a proposed budget, has been postponed indefinitely after its hearing in the Transportation, Housing, and Local Government Committee. Even a proposed strike-below, which would have allowed minute numbers of residents to veto a budget (and resulted in unpaid insurance premiums and other expenses) was not sufficient to keep the bill alive. While we all want our communities to be fiscally responsible, this was not the way to do it!
