HOA bill proposal hearing held in Texas House
HOUSTON – Some homeowners said the fines and fees tacked onto their homeowners association dues are unfair, and now the state Legislature is discussing a proposal to make changes.
State representatives in Austin will hear details Monday of a proposed bill to limit penalties, interest and attorney's fees for homeowners who fall behind on their HOA dues.
The bill was written by state Rep. Hubert Vo, of southwest Houston. If passed, the bill would not allow homeowners associations to charge attorney's fees that are more than 25 percent of the original late payment.
The hearing is underway in the Business and Commerce Committee.
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