The new lower threshold of 60 percent of the votes of owners in good standing will make it easier to get amendments passed. That is, unless the bylaws already provide for lower.

Amendments to Governing Documents (Condominium and HOA) – This new bill authorizes a condominium council of unit owners to amend the condominium bylaws upon the affirmative vote of at least 60% of the condominium unit owners in good standing, or by a lower percentage if required by the bylaws. The law also authorizes an HOA to amend its governing documents by the affirmative vote of at least 60% of the votes in the development by owners in “good standing”, or by a lower percentage if permitted by the governing documents. For purposes of the law, “good standing” is defined as an owner not being more than 90 days in arrears in the payment of any assessment or charge due to the condominium or HOA.  (The bill does not apply to an HOA that issues bonds or other long-term debt secured in whole or in part by annual charges assessed in accordance with its governing documents or to a village or community association affiliated with the HOA.)