The HEROES Act Spells Disaster for Community Associations

Your association’s ability to collect assessments is in grave danger because of H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act or The HEROES Act! By the time you read this CALL Alert, this bill will have likely eked out a narrow passage in the U.S. House of Representatives. The next step is the U.S. Senate. If passed by the Senate in its current form, the HEROES Act would prohibit the collection of consumer debts from the date of implementation of the act until 120 days after the end of the Emergency Declaration declared by President Trump in response to COVID-19. Since the national State of Emergency is ongoing since March 13, there is no way to determine how long this ban on collecting assessments would continue.