House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing
HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to an actual project...
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February 26, 2018
Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts
SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it's similar to a skype or face-time type of interaction where there is audio and video communication between the notary and the...
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February 20, 2018
House Bill 18-1227: Real Estate Commission Flexibility in License Period
HB18-1227, sponsored by Representative Herod (D-Denver), Representative Wist (R-Centennial), and Senator Cooke (R-Greeley), is a clean-up bill to the real estate sunset from 2017. In the sunset bill, the expiration date of real estate licenses changed from an anniversary date to a calendar renewal on December 31st of the third year...
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February 12, 2018
Another Economic Summit and REALTOR® Day at the Capitol is in the books!
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! The Economic Summit was highlighted by a panel discussion that focused on the newly...
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January 30, 2018
Senate Bill 18-015: Protecting Homeowners and Deployed Military
SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
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January 25, 2018
DENVER – Nancy Todd, Senator for Aurora in Senate District 28, was awarded the 2017 Legislator of the Year Award by the Colorado Association of REALTORS®. Rep. Todd is one of the first recipients of the award, given to a Colorado legislator who has put considerable effort into legislative efforts that support the American dream of homeownership.
Nancy Todd was a...
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January 22, 2018
The Second Regular Session of the 71st General Assembly Kicks Off in 2018!
The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th. The session is already off to a quick start with 179 bills introduced in the first week. We expect this to be a busy year for property rights and housing...
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December 22, 2017
The National Association of REALTORS strives to influence and shape the real estate industry. So it should be no surprise they put full force into the recent two public policy changes sweeping through Washington, D.C. NAR worked tirelessly on tax reform and net neutrality, two policy changes that could have powerful impacts on the real estate world.
In regards to Tax...
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December 14, 2017
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate.
Currently, homeowners are encouraged to stay in their home for two years and are...
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December 5, 2017
Elizabeth Peetz CAR's Vice President of Government Affairs and Madeline Cain CAR's Government Affairs Manager are both featured in Colorado Politics Article as "New Political Players".
Elizabeth Peetz will be directing the association's efforts on public policy, as well as manage its government affairs division. Besides advocacy and legislative work, Peetz will oversee the Realtors’ Legislative Policy Committee, candidate endorsement process...
