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Homeowners' associations (HOAs) in Utah that charge a "reinvestment fee" — a fee collected from buyers or sellers when a home changes hands, meant to fund community improvements — face new rules under this bill. Starting May 6, 2026, HOAs must deposit at least 50% of any reinvestment fee collected into reserve funds (savings set aside for long-term repairs and replacements), can now use those fees for major infrastructure maintenance, and must cap the fee at 0.25% of a home's value if the HOA consists only of detached single-family homes and doesn't provide major infrastructure services — compared to the 0.5% cap that applies to other associations. The bill also requires HOAs to disclose the amount of any reinvestment or transfer fee when registering with the Utah Department of Commerce.