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 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
October 31, 2018
“Changes in the construction defect laws have really made things easier for developers,” Slate Real Estate Advisors Partner Stan Kniss says. “We’re in the midst of a pretty undersupplied market given the hold on for-sale construction projects over the last 10 years.”
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Despite changes, there still aren't as many condo projects in the works as people in the industry had hoped to see.
“We wanted the...
Posted on
October 23, 2018
Colorado’s General Assembly is comprised of 100 members – 35 Senators and 65 Representatives. Over the past year, Colorado has witnessed split control chambers working hand in hand to find compromise, meaning Republicans held majority in the Senate and Democrats held majority in the House, creating a balance among differing political parties and ideologies.
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When the state legislature can find compromise...
Posted on
October 23, 2018
House District 41 Republican Nomination Committee has picked REALTOR® and former Arapahoe County Commissioner Lynn Myers (R) to challenge Representative Jovan Melton (D), who faces calls from leaders of the Democratic party to resign after his arrests on domestic violence charges were reported. As a current member, past REALTOR® of the Year award recipient and former Chair of the Aurora Association of...
Posted on
October 16, 2018
FOR IMMEDIATE RELEASE
Oct. 8, 2018
Contact: Elizabeth Peetz – VP of Government Affairs
(303) 790-7099 or epeetz@coloradorealtors.com
Colorado Association of REALTORS® Honors 2018 Legislators of the Year
Bob Gardner and Terri Carver
ENGLEWOOD, Colo. – Senator Bob Gardner and Representative Terri Carver were honored with a 2018 Legislator of the Year Award by the Colorado Association of REALTORS® (CAR) for their notable legislative efforts in...
