Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: Legislative Update

HB 1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. This bill passed the legislature and will be signed by the Governor next week, which is a major win for CAR. HB-1279 focuses informed consent and does nothing to stand in the way of individual owners who have a legitimate construction issue from… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - State of Colorado

Colorado: Bill to Reduce Carpooling Occupancy Requirements Passes Hearing

HB-1348, “Prohibit HOV Requirement on North I-25 Express Lanes,” would reverse CDOT’s new express lane policy, which requires three occupants (HOV-3) for free use of any new express lane on North I-25. Instead, the bill would make an express lane free for vehicles with two occupants. The problem with the bill, according to CDOT, is… Continue reading Colorado: Bill to Reduce Carpooling Occupancy Requirements Passes Hearing

Gov't Affairs, Govt - State of Colorado

Colorado: Transportation Bill Dies in Senate Committee

The transportation bill sponsored by the Democratic Speaker of the House and the Republican Senate President died in the Senate Finance Committee on April 25. HB-1242 would have asked voters to approve a new .50 state sales tax and allowed the State to issue bonds in order to raise $3.5 million for transportation. CDOT would… Continue reading Colorado: Transportation Bill Dies in Senate Committee

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Colorado Association of REALTORS: Legislative Update

HB-1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. The Legislative Policy Committee changed its position to support after significant amendments were made to the bill. This bi-partisan bill requires all homeowners and the developer to be notified that a construction defects lawsuit is being considered. In addition, it requires that a majority… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - CO Assoc. of Realtors®

Colorado Association of REALTORS: Doc Fee Bill Introduced

After meeting with CAR lobbyists, who expressed significant concerns, sponsors introduced HB-1309 “Doc Fee to Fund Affordable Housing.” This bill would double the existing documentary fee for the recording of real estate deeds, with half of the money allocated to the county treasurer and the other half allocated to the Colorado Housing and Finance Authority… Continue reading Colorado Association of REALTORS: Doc Fee Bill Introduced

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: Legislative Update

Senate Bill 17-215 “Sunset Licensed Real Estate Brokers & Subdivision Developers” CAR Position – Support. This bill, which continues the Division of Real Estate, the Real Estate commission and the regulation of real estate brokers until 2026. It passed second reading in the Senate on March 27. The bill directs the Real Estate Commission to… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - State of Colorado

Colorado: Bi-Partisan Transportation Funding Proposal

Last week a bipartisan transportation funding bill was introduced. “New Transportation Infrastructure Funding” HB-1242 is sponsored by Senate President Kevin Grantham and House Speaker Crisanta Duran, Senate Transportation Committee Chair Randy Baumgardner and House Transportation Chair Diane Mitsch Bush. The bill would refer a ballot measure to the November election to ask voters to: 1)… Continue reading Colorado: Bi-Partisan Transportation Funding Proposal

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: Legislative Update

HB 17-1161 “TIF Tax Increment Financing Transparency” Position -Oppose. Status - died in the House Committee on Business Affairs and Labor on February 21st. This bill would have required additional reporting requirements for urban renewal authorities (URAs). CAR opposed this legislation because it would have made these types of urban renewal projects more difficult to… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: CAR Launches Call for Action

CAR and its allies want everyone to participate in the Call for Action (CFA) on SB-156 “Homeowners' Association Construction Defect Lawsuit Approval Timelines.” Sponsored by Sen. Owen Hill and Representatives Lori Saine and Cole Wist, this bill focuses on the need for mediation or arbitration prior to litigation for construction defects. The bill passed its… Continue reading Colorado Association of REALTORS: CAR Launches Call for Action

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: Legislative Update

SB 156 “Homeowners’ Association Construction Defects Lawsuit Approval Timelines” sponsored by Senator Owen Hill and Representatives Lori Saine (Dacono) and Cole Wist. Support. Status – Not Calendared.  This bill requires an HOA to obtain written consent from a majority of homeowners in the association, disclose projected costs, duration and financial impact of the claim, and… Continue reading Colorado Association of REALTORS: Legislative Update