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Capitol Connection – April 27, 2018

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...

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Capitol Connection – April 20, 2018

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...

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Capitol Connection – April 13, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows  a property owner to remove  an unauthorized person from a residential property within two court days  on a county court motion for temporary mandatory injunction. The rightful property owner is subject...

Listings have Increased, but Inventory is Still a Concern

Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records   ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue facing record-low...

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Capitol Connection – April 6, 2018

This week at the legislature - Colorado State Budget Over the past two weeks, legislators have been debating the "long bill," otherwise known as the budget, to fund state government operations. Colorado law requires legislators to balance their budget every year. This year, lawmakers had a $1.3 billion surplus to allocate for the general fund spending priorities and discretionary legislation from introduced...

Consumer Advisory: Title Insurance – What is it and why do you need it?

DENVER (March 30, 2018) – With the recent news in Denver about deeds, covenants and titles related to affordable homes, the Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA),  offers the following insights to unveil some of the mysteries that surround Title Insurance.   “Unlike other forms of insurance like health, homeowners or auto, Title Insurance is unlikely to be...

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Capitol Connection – March 30, 2018

Senate Bill 18-001: Transportation Infrastructure Funding SB18-001, sponsored by Senator Baumgardner (R-Grandby), Senator Cooke (R-Greeley), and Representative Buck (R-Windsor) is the major transportation funding vehicle this legislative session. Last week a major compromise was reached that would allow for annual funding of transportation up to $250 million a year and it delays this referred measure to the 2019 ballot for Colorado...

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Capitol Connection – March 23, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows for the removal of an unauthorized person from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to the...

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Capitol Connection – March 16, 2018

House Bill 18-1261: Colorado Arbitration Fairness Act & House Bill 18-1262: Arbitration Services Provider Transparency Act HB18-1261, sponsored by Representative Weissman (D-Aurora), establishes ethical standards for arbitrators, including that an arbitrator must perform their responsibilities without bias.  This bill also specifies that any party may challenge in court the neutrality of an arbitrator or an arbitration service provider, and it requires specific...