Notice is hereby given in accordance with § 2.2-4007.01 of the Code of Virginia that the Common Interest Community Board intends to consider amending 18VAC48-60, Common Interest Community Management Information Fund Regulations. The purpose of the proposed action is to conduct a full general review to ensure the Common Interest Community Management Information Fund Regulations are the least burdensome while still protecting the public in compliance with subsection E of § 2.2-4007.1 of the Code of Virginia and the principles of Executive Order 17 (2014). The regulations, which outline registration, renewal, and annual reporting requirements for associations, have not undergone cumulative review since their transfer from the Real Estate Board to the Common Interest Community Board in 2008. A thorough, general review is warranted to ensure that the regulations complement current Virginia law and reflect up-to-date administrative procedures and policies. The regulations will also be reviewed for consistency, and language may be amended to ensure the regulations are clearly written and easily understandable by affected parties and the general public. The board may propose other changes it identifies as necessary during the regulatory review process.

The agency intends to hold a public hearing on the proposed action after publication in the Virginia Register.

Statutory Authority: §§ 54.1-201 and 54.1-2349 of the Code of Virginia.

Public Comment Deadline: July 12, 2017.

Agency Contact: Trisha Henshaw, Executive Director, Common Interest Community Board, 9960 Mayland Drive, Suite 400, Richmond, VA 23233, telephone (804) 367-8510, FAX (866) 490-2723, or email cic@dpor.virginia.gov.