Senate Bill 19-051: Increase General Fund Funding for Transportation SB19-051 sponsored by Senator John Cooke (R-Greeley) and Senator Ray Scott (R-Grand Junction), authorizes the state to transfer additional general fund money to fund the state's transportation needs as enacted by Senate Bill 18-001 in 2018. Under Senate Bill 18-001, the state now dedicates $105 million to the state highway fund, $22.5 million to...
House Bill 19-1075: Tax Credit Employer-assisted Housing Pilot Program HB19-1075, sponsored by Representative James Wilson (R-Salida), creates a pilot program to increase employer-assisted housing projects in rural areas of the state from 2019 to 2023 tax years. It creates a state income tax credit to any taxpayer that donates to a state housing authority, Colorado and Housing Finance Authority (CHFA), a...
The First Regular Session of the 72nd General Assembly Opened on January 4 The first gavel of the first regular session of the 72nd General Assembly came down on Friday, January 4th under the new leadership of Senate President Leroy Garcia and Speaker of the House KC Becker. As of this morning, 160 bills have been introduced since the start of...
Colorado’s oil and gas industry supports hundreds of thousands of jobs in the state across nearly all sectors of the economy. In addition, the industry operates within some of the nation’s strictest regulations regarding safety, water monitoring and air quality. Proposed Ballot Initiative 97 would increase the distance between oil and gas operations and vulnerable areas or occupied structures. Setbacks have...
A Colorado legislative measure born out of frustration with the process of evicting those who illegally take over someone’s home is on its way to Gov. John Hickenlooper for signing. Senate Bill 15 (SB18-015) will set up a faster process for getting “squatters” — people who move into a home without homeowner authorization — evicted from the premises. The new law will...
Sine Die! Wednesday, May 9th, the final gavel came down on the second session of the 71st General Assembly. In total, 784 bills were introduced. The Colorado Association of RELATORS® (CAR) tracked 80 bills this year and the Legislative Policy Committee (LPC) took a position on 46 of them. The split legislature this year with Republicans controlling the Senate and Democrats...
House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations and Housing Authorities engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to...
37% of Colorado REALTORS® invested in RPAC last year to protect your business and the real estate industry. Don't let the 37% carry the burden this year. What business risks does RPAC help you mitigate? PRESERVING INCENTIVES FOR HOMEOWNERSHIP Your RPAC dollars go towards preserving incentives for homeownership, as well as defeating bills that would be harmful to REALTORS®, homeowners, and the economy. [no_button button_hover_animation="disable_animation"...
SCR18-004: Congressional Redistricting and SCR18-005: Legislative Redistricting With a 2020 census right around the corner set to give Colorado an eighth Congressional seat, there is a widespread belief among leaders in both parties and from advocates for unaffiliated voters that Colorado's redistricting and reapportionment processes must be reformed to increase the competitveness of legislative and congressional seats. The following Senate Concurrent...
House Bill 18-1199: Aquifer Storage and Recovery Plans HB18-1199, sponsored by Representative Catlin (R-Montrose), and Representative McLachlan (R-Durango), and Senator Coram (R-Montrose), authorizes a person to apply to the Ground Water Commission for approval of an aquifer storage-and-recovery plan. This legislation also requires the Ground Water Commission to promulgate rules governing the application process and the requirements that an aquifer storage-and-recovery...