HB 993 — Homeowners' Associations Organization and Reporting Act.
Last action — Passed 1st Reading
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House. Introduced April 10, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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7 sponsors
2 primary, 5 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (5 D · 2 R) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Bill Text
What changed in the latest version
269 added · 259 removedPlain-language change summary
The updated version of Bill HB 993 includes a change that clarifies how unit owners' associations should be organized, specifying that they can be structured as either a profit or business corporation, a nonprofit corporation, or a limited liability company. Additionally, a new requirement has been introduced, mandating that nonprofit associations submit annual reports to the Secretary of State. This change is important because it promotes transparency and accountability among these associations, ensuring they are properly managed and providing necessary information to their members and the state.
GENERAL ASSEMBLY OF NORTH CAROLINA H.B.SESSION 2025 H 1 HOUSE BILL 993 Short Title:
993 Apr 10, 2025 SESSION 2025 HOUSE PRINCIPAL CLERK H D HOUSE BILL DRH40517-NOf-52A Short Title:
RepresentativeRepresentatives Budd.Budd, Iler, and Liu (Primary Sponsors).
For a complete list of sponsors, refer to the North Carolina General Assembly web site.
Rules, Calendar, and Operations of the House April 14, 2025 A BILL TO BE ENTITLED AN ACT TO REQUIRE LOT OWNERS' ASSOCIATIONS AND UNIT OWNERS' ASSOCIATIONS TO INCORPORATE OR ORGANIZE AS CORPORATIONS OR LIMITED LIABILITY COMPANIES AND SUBMIT ANNUAL REPORTS TO THE NORTH CAROLINA SECRETARY OF STATE.
These sections applyapplyonly only with respect to events and circumstances occurring after October 1, 1986.
47C-3-102 are to be exercised by or may be delegated to a profit or business corporation, nonprofit corporation (or unincorporated association) which corporation, or limited liability company that exercises those or other powers on behalf of one or more condominiums or for the benefit of the unit owners of one or more condominiums, all provisions of this chapter applicable *H993-v-1* General Assembly Of North Carolina Session 2025 to unit owners' associations apply to any such corporation, (or unincorporated association) corporation or limited liability company, except as modified by this section.
*DRH40517-NOf-52A* General Assembly Of North Carolina Session 2025 … ." SECTION 3.
Page 2 House Bill 993-First Edition General Assembly Of North Carolina Session 2025 (g) Amendments.
Page 2 DRH40517-NOf-52A General Assembly Of North Carolina Session 2025 (h) Delinquency;
– A unit owners' association organized as a business corporation shall deliver to the SecretarySecretaryof of State for filing annual reports as required bybyChapter Chapter 55 of the General Statutes.
47C-3-102, if a unit owners' association to which this section House Bill 993-First Edition Page 3 General Assembly Of North Carolina Session 2025 applies fails to deliver an annual report to the Secretary of State in compliance with this section, and the annual report is presumed delinquent, the followingfollowingpowers powers granted to the association are DRH40517-NOf-52A Page 3 General Assembly Of North Carolina Session 2025 suspended until the association corrects the delinquency to the satisfaction of the Secretary of State:
Page 4 House Bill 993-First Edition General Assembly Of North Carolina Session 2025 (2) Imposition and collection of any fees or charges as authorized by G.S.
Page 4 DRH40517-NOf-52A General Assembly Of North Carolina Session 2025 (d) Notice of Delinquency;
responsibilityresponsibilityand and assessments for damages), G.S.
47F-3-121 (American and State flags and political sign displays) apply to all planned communities created in this State before January 1, 1999, unless the articles of incorporation incorporation or articles of organization or the declaration expresslyexpresslyprovides provides to the contrary, and G.S.
47F-3-120 (Declaration limits onattorneys'onattorneys'fees) fees) applies to all plannedcommunities created in this State before January 1, 1999.
47F-1-103 (Definitions) also applies to all planned communities created in this State before JanuaryJanuary1, 1, 1999, to the extent necessary in construing any of the preceding sections.
House Bill 993-First Edition Page 5 General Assembly Of North Carolina Session 2025 "§ 47F-2-103.
DRH40517-NOf-52A Page 5 General Assembly Of North Carolina Session 2025 (a) To the extent not inconsistent with the provisions of this Chapter, the declaration, bylaws, and articles of incorporation or articles of organization form the basis for the legal authority for the planned communitycommunityto to act as provided in the declaration, bylaws, and articles of incorporation, incorporation or articles of organization, and the declaration, bylaws, and articles of incorporation or articles of organization are enforceable by their terms.
A lot owners' association shall be incorporated organized no later than the date the first lot in the planned communitycommunityis is conveyed.
Page 6 DRH40517-NOf-52AHouse Bill 993-First Edition General Assembly Of North Carolina Session 2025 (f) Incomplete Information.
– If the Secretary of State presumes that an annual report is delinquent as provided by subsection (h) of this section, the Secretary of State shall promptlypromptlynotifythe notify the offending lot owners'owners'association association in writing.
If the offending lot owners' association completes an annual report containing all the information required bybythis this section and delivers it to the Secretary of State within 30 days after the effective date of the notice, the lot owners' association shall immediately regain any powers suspended under subsection (h) of this section and shall be allowed to collect and impose any assessments, fees, or charges that it was unable to collect or impose during any period of suspension.
– A lot owners' association organized as a business corporation shall deliver to the SecretarySecretaryof of State for filing annual reports as required bybyChapter Chapter 55 of the General Statutes.
DRH40517-NOf-52AHouse Bill 993-First Edition Page 7 General Assembly Of North Carolina Session 2025 (c) Delinquency;
– If the Secretary of State presumes that an annual report is delinquent as provided by subsection (c) of this section, the Secretary of State shall promptlypromptlynotifythe notify the offending lot owners'owners'association association in writing.
If the offendingoffendinglot lot owners' association completes an annual report containing all the information required bybythis this section and delivers it to the Secretary of State within 30 days after the effective date of the notice, the lot owners' association shall immediately regain any powers suspended under subsection (c) of this section and shall be allowed to collect and impose any assessments, fees, or charges that it was unable to collect or impose during any period of suspension." (e) Filing Fee.
47F-3-102, if a lot owners' association fails to deliver an annual report to the Secretary of State in compliance with this section, and the annual report is Page 8 DRH40517-NOf-52AHouse Bill 993-First Edition General Assembly Of North Carolina Session 2025 presumed delinquent, the following powers granted to the association are suspended until the association corrects the delinquency to the satisfaction of the Secretary of State:
– If the Secretary of State presumes that an annual report is delinquent as provided by subsection (c) of this section, the Secretary of State shall promptlypromptlynotifythe notify the offending lot owners'owners'association association in writing.
If the offending lot owners' association completes an annual report containing all the information required bybythis this section and delivers it to the Secretary of State within 30 days after the effective date of the notice, the lot owners' association shall immediately regain any powers suspended under subsection (c) of this section and shall be allowed to collect and impose any assessments, fees, or charges that it was unable to collect or impose during any period of suspension.
DRH40517-NOf-52AHouse Bill 993-First Edition Page 9
Action History
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Passed 1st Reading
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Ref To Com On Rules, Calendar, and Operations of the House
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Filed
Sponsors
- Carolyn G. Logan · Cosponsor
- Pricey Harrison · Cosponsor
- Mary Belk · Cosponsor
- Ya Liu · Cosponsor
- Frank Iler · Primary
- Laura Budd · Primary
- Neal Jackson · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 5 co-sponsors · 172 not signed on
Sponsors (2)
- Frank Iler Republican
- Laura Budd Democratic
Co-sponsors (5)
- Carolyn G. Logan Democratic
- Pricey Harrison Democratic
- Mary Belk Democratic
- Ya Liu Democratic
- Neal Jackson Republican
Not signed on (172)
172 members have not signed on to this bill.
Show all 172 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors HB 993?
- HB 993 is sponsored by Carolyn G. Logan (Democratic), Pricey Harrison (Democratic), Mary Belk (Democratic), Ya Liu (Democratic), Frank Iler (Republican), Laura Budd (Democratic), and Neal Jackson (Republican).
- What is the current status of HB 993?
- This bill is in committee in the House. Introduced April 10, 2025. It must pass committee before a floor vote.
- Where can I track HB 993?
- Track HB 993 free on One Click Politics — get push/email alerts when it moves.
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