Posted on
February 15, 2019
House Bill 19-1011 Scope of Manufactured Homes Sales Tax Exemption
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Current law defines manufactured housing as factory-built residential structures designed to be installed on a permanent foundation. This definition limits the sales tax exemption, which previously applied to structures designed for occupancy in either temporary or permanent locations. HB19-1011 clarifies the scope and changes the definition to that of a manufactured home...
Posted on
February 8, 2019
CAR Economic Summit and REALTOR® Day at the Capitol Focus on the Importance of Homeownership
Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol. We had a busy two-day event with over 250 REALTORS® attending from across the state. At Tuesday's Economic Summit, members had the opportunity to hear from keynote...
Posted on
February 1, 2019
House Bill 19-1167: Remote Notaries Protect Privacy
HB19-1167 sponsored by Representative Monica Duran (D-Wheat Ridge), Representative Terri Carver (R-Colorado Springs) and Senator Robert Rodriguez (D-Denver), authorizes notaries public to perform a notarial act through use of audio-visual communication, such as technology similar to Skype or FaceTime. It's commonly referred to as "remote notarization." Existing law requires an individual to appear in-person in...
Posted on
January 29, 2019
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States.
From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
Posted on
January 25, 2019
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...
Posted on
January 18, 2019
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...
Posted on
January 11, 2019
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...
Posted on
August 30, 2018
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...
