A bill to ensure condominium safety passed both chambers of the legislature and was signed Thursday by Gov. Ron DeSantis.
Within days of the special legislative session starting this week, both chambers passed bills to reform property insurance and increase safety measures for condominiums. Both bills, Senate Bill 2D, Property Insurance, and Senate Bill 4D, Building Safety, were sponsored by state Sen. Jim Boyd, R-Bradenton, who chairs the Senate Committee on Banking and Insurance.
The new law will “keep Florida’s condominium residents safe in the aftermath of Surfside,” Florida House Speaker Chris Sprowls, R-Palm Harbor, said. It includes a “House-championed measure that requires condo associations to fully fund a reserve so that repairs and maintenance are covered and completed in a timely manner.”