Legislative Advocacy this Week at the State Capitol Wildfire Legislation At the Capitol There are a plethora of wildfire bills at the Capitol this year, whether it's matching local grants, changing insurance coverage after disasters, helping to cover homeowner mitigation costs to create defensible space, or creating healthier forests, or even looking at how camera's can help us see wildfires coming. CAR...
Legislative Advocacy this Week at the State Capitol Updates on State Legislation This week at the Capitol several bills continue to work their way through the legislative process: Senate Bill 22-099 Sealing Criminal Records was amended on February 24th in the Senate Judiciary Committee in several ways to make the bill work better for law enforcement and legal professionals that directly deal with...
Legislative Advocacy this Week at the State Capitol CAR is Working to Improve State Legislation HB22-1007: Assistance Landowner Mitigation. The Colorado Association of REALTORS (CAR) is now in SUPPORT position after we received specific amendments to make the bill better by continuing the wildfire tax credit for individual landowners as an important part of the multi-pronged solution to address wildfire mitigation...
The Wildfire Matters Review Committee brought three House Bills to the house. HB 1007 ends a tax deduction for property owners that offsets wildfire mitigation expenses. The deduction is replaced with an income tax credit beginning in 2023, which would be available to landowners with a taxable annual income of less than $120,000. Elizabeth Peetz, Vice President of CAR’s Government Affairs, stated the cap “removes the...
Legislative Advocacy this Week at the State Capitol CAR's GA Division and LPC Work on Housing and Wildfire Mitigation Bills This week, CAR, at the direction of the Legislative Policy Committee (LPC), worked to clarify and improve bills at the Capitol and worked with executive agencies to mitigate current process issues in court practices under previous legislation passed in 2021. Senate Bill 22-019 is a bill...
Legislative Advocacy this Week at the State Capitol HB 1006 is supported by the Legislative Policy Committee (LPC) because it will help property owners that lease have the ability to get a property tax exemption for childcare. We think that this is a good public policy change that will help increase daycare and childcare centers in commercial buildings that might be...
Colorado lawmakers aim to help address the state’s affordable housing crisis by proposing $4 million in loans to buyers and local nonprofits and governments to assist in attaining and building affordable housing. The dollars come from the American Rescue Plan Act and Colorado's Affordable Housing Transformative Task Force and Subpanel. “There will be opportunities for CAR and other stakeholders to...
The Colorado Association of REALTORS® announced their participation in the Coloradans for Energy Access, which is a coalition to support the use of affordable, cleaner-burning natural gas in homes and businesses. Colorado is considering prohibiting consumers from using natural gas use and opting for electricity, which is considered environmentally friendly. CAR CEO Tyrone Adams joins other business leaders in advocating...
Legislative Advocacy this Week at the State Capitol The Affordable Housing Transformative Interim Taskforce Releases Its Report This week, the Affordable Housing Transformative Task Force that worked through the summer released their final report to the General Assembly.These recommendations will be the beginning of an advocacy and legislative process to determine how we spend the remaining federal ARPA (American Rescue Plan Act) housing dollars...
Legislative Advocacy this Week at the State Capitol CAR Legislative Policy Committee Takes First Policy Positions HB22-1051- Support-This legislation extends CHFA's income-tax credit program from December 2024 to December 2034. It will also increase the annual cap from $10 million to $15 million beginning in 2023 until the 2034 expiration of the program. Between 2015 - 2021, the state Affordable Housing Tax...