SB0576 — Cooperative Housing Corporations and Condominiums - Emergency Use of Reserve Funds
Last action — Hearing (Primary, House of Origin)
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House of Delegates
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Providing that reserve funds of a cooperative housing corporation or condominium may be used for purposes other than those specified in the funding plan in an emergency and if the use of funds is approved by an affirmative vote of the members or unit owners having at least two-thirds of the votes in the cooperative housing corporation or the council of unit owners, respectively.
Bill Text
We don't have the full text on file for this bill yet.
Read SB0576 on the official Maryland source →Action History
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Hearing (Primary, House of Origin)
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First Reading (House of Origin)
Sponsors
- Senator J.B. Jennings · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 187 not signed on
Sponsors (1)
- Senator J.B. Jennings Republican
Co-sponsors (0)
None.
Not signed on (187)
187 members have not signed on to this bill.
Show all 187 →"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
- What does SB0576 do?
- Providing that reserve funds of a cooperative housing corporation or condominium may be used for purposes other than those specified in the funding plan in an emergency and if the use of funds is approved by an affirmative vote of the members or unit owners having at least two-thirds of the votes in the cooperative housing corporation or the council of unit owners, respectively.
- Who sponsors SB0576?
- SB0576 is sponsored by Senator J.B. Jennings (Republican).
- What is the current status of SB0576?
- This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
- Where can I track SB0576?
- Track SB0576 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 1 day ago · updated continuously
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