Legislative Update

HB 1260 “Wildfire Tax Credit” CAR Position: Support This bill was amended because of its fiscal note. Instead, the amended version would give property owners double deductions for wildfire mitigation efforts. HB 1348 “Urban Redevelopment Fairness Act” CAR Position: Oppose This bill is cosponsored by many Northern Colorado legislators and seems likely to pass. TheContinue reading “Legislative Update”

Legislative Update

The General Assembly is set to adjourn on May 9. HB-1110 “Appraisal Management Companies” CAR Position – Support. The Division of Real Estate’s bill will regulate appraisal management companies at the state level, requiring background checks, fingerprinting and licensing.Appraisers will also be required to carry errors and omissions insurance; AMCs must post a $25,000 bondContinue reading “Legislative Update”