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 fromContinue reading “Colorado Association of REALTORS: Legislative Update”
Tag Archives: CAR
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, isContinue reading “Colorado: Bill to Reduce Carpooling Occupancy Requirements Passes Hearing”
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 wouldContinue reading “Colorado: Transportation Bill Dies in Senate Committee”
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 majorityContinue reading “Colorado Association of REALTORS: Legislative Update”
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 AuthorityContinue reading “Colorado Association of REALTORS: Doc Fee Bill Introduced”
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 toContinue reading “Colorado Association of REALTORS: Legislative Update”
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”
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 toContinue reading “Colorado Association of REALTORS: Legislative Update”
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 itsContinue reading “Colorado Association of REALTORS: CAR Launches Call for Action”
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, andContinue reading “Colorado Association of REALTORS: Legislative Update”