Governor Polis Signs House Bill 19-1098 into Law
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Yesterday, the Colorado Association of REALTORS® (CAR), the Land Title Association of Colorado (LTAC) and other industry partners celebrated a big win for the real estate industry as Governor Jared Polis signed HB19-1098 into law. HB19-1098, sponsored by two-time CAR Legislator of the Year, Rep. Matt Gray (D-Broomfield) and Sen. Pete Lee (D-Colorado Springs),...
House Bill 19-1096: Colorado Right to Rest
Earlier in the week, HB19-1096, titled Colorado Right to Rest, died in the Senate Finance Committee by unanimous decision. The bill would have allowed individuals to occupy public spaces for any duration without penalty, prohibiting state and local governments from enacting or enforcing laws, ordinances, rules or regulations related to public camping. CAR's Legislative...
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February 22, 2019
Next Stop, Governor's Desk: House Bill 19-1098: Deeds to Convey Real Property
CAR is thrilled to announce that HB19-1098, Deeds to Convey Real Property, is headed to the Governor's desk for his consideration. CAR worked with multiple industry stakeholders to develop and champion this legislation as a common-sense public policy solution that fixes a longstanding problem in real estate transactions.
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Under current...
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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...
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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...
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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...
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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...
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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...
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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...
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...