Tell Our Legislators Not to Kill Gaylord Rockies The Colorado Association of REALTORS® is asking you to OPPOSE Senate Bill 284. The late bill purports to address a so-called "loophole" in the use of urban renewal and tax increment financing on agricultural land for economic development projects but it is drafted solely to insulate a small group of hoteliers from perceived...
Unfortunately, after a long hearing, SB177 was defeated in the House State Affairs Committee, aka the kill committee, on a party line vote with the Democrats voting no and the Republicans voting yes. We would like to thank our House sponsors – Rep. Singer and Rep. DelGrosso and our Senate sponsors – Sen. Scheffel and Sen. Ulibarri. Thanks to each of...
CALL FOR ACTION- Senate Bill 177 SB15-177, HOA Construction Defect Lawsuit Approval Timelines, has been scheduled for a hearing on Monday, April 27th, in the House State, Veterans, and Military Affairs Committee. This committee is known as the “kill” committee. Now is the time to act by responding to our Call for Action! Now is the time to convey to your...
Senate Bill 177- Construction Defects Reform PASSED the Senate SB15-177, HOA Construction Defect Lawsuit Approval Timelines, passed the Senate on 3rd reading this week with bipartisan support on a vote of 24-11. We are expecting it to be introduced in the House in the coming days. Please click here to urge your State Representatives to allow SB 177 a Fair Hearing in...
HB 1343 HOA Manager Licensing Reform HB15-1343, Streamline HOA Manager Licensing Requirements, by Representative Angela Williams (D-Denver) and Senator Nancy Todd (D-Aurora), was SUPPORTED today by the Legislative Policy Committee (LPC). The primary motivation for REALTORS® desiring to amend the HOA manager licensing law is to exclude from licensure any CEOs, managing brokers or other brokerage executives that do not perform...
SB 210 Title Insurance Commission The Legislative Policy Committee (LPC) voted to SUPPORT SB15-210, Title Insurance Commission, by Senator Laura Woods (R-Arvada) and Representative Jeni Arndt (D-Fort Collins). The bill creates the Title Insurance Commission in the Division of Insurance (division) in the Department of Regulatory Agencies (DORA) as a Type 1 agency for the purposes of: proposing, advising, and recommending rules,...
Mid-Session Update With a little over a month left in the legislative session this year, we want to take some time to update you on the progress of the bills we have been monitoring. The Legislative Policy Committee has reviewed 57 bills and has taken a position on 25 of them. We are in SUPPORT on 15, NEUTRAL on 5, and...
SB 177- Construction Defects Passes First Senate Committee After a long afternoon with over 7 hours of testimony, SB 177 passed out of the Senate Business, Labor and Technology Committee by a vote of 6-2 with one excused. We would like to thank these senators for their votes in favor of this much needed legislation: Committee Chair Senator David Balmer, Committee...
DENVER – On Wednesday, March 18, Mayor Michael B. Hancock testified at the Colorado State Senate Business, Labor and Technology Committee hearing on SB-177, Construction Defects Legislation. The Mayor testified in favor of the proposed legislation, and articulated how the bill is critical to remove barriers and help Denver provide its residents with access to safe, decent, affordable housing in a...
Mark Trenka chair of the Colorado Association of REALTORS Legislative Policy Committee testified before Colorado law makers earlier this week regarding Colorado's construction defects law. This big hurdle prevents building more entry-level housing, and is a defect in state law that exposes home builders and homeowners to a high risk of expensive, time-consuming litigation. It has created a climate that puts the chill on new...