Indiana House Bill 1152, as currently written, would remove an association’s ability to increase its budget in accordance with its own governing documents. In plain English: the state would override your community’s rules and strip boards of the authority they need to properly fund insurance, operations, reserves, repairs, and safety.

If this bill passes in its current form, the real-world impact will include:

• Inability of associations to pay increased insurance costs
• Deferred maintenance and deteriorating common areas
• Inability to fund reserves responsibly
• Higher likelihood of special assessments
• Increased conflict between boards and homeowners
• Higher likelihood of lawsuits against Developers over budget issues
• Reduced property values across Indiana communities

This is not theoretical. This bill changes the financial foundation of how HOAs operate.

This bill also removes any HOA restrictions on in-home day care facilities.