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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 - 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

The Legislative Policy Committee adopted the following positions at its March 3rd meeting. HB-1187 “Change Excess State Revenues Cap Growth Factor” Position – Support.  This bill modifies the excess state revenues cap by allowing an annual adjustment for an increase based on the average annual change of Colorado personal income over the last 5 years,… Continue reading Colorado Association of REALTORS: Legislative Update

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

Colorado Association of Realtors: Legislative Update

Here’s an update on some of the positions adopted by the Legislative Policy Committee (LPC) - SB-85 “Increase Documentary Fee & Fund Attainable Housing” OPPOSE. This bill would raise the doc fee for recording or filing to five dollars. The first dollar would go towards electronic filing costs under existing law and the remaining four… Continue reading Colorado Association of Realtors: Legislative Update

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

Colorado Association of Realtors: Legislative Update

Although the session is only a week old, the leadership wasted no time in introducing a construction defects bill sponsored by the Democratic Speaker of the House and the GOP Senate President (SB-45) “Construction Defect Claim Allocation of Defense Costs.” Observers suggest it is an attempt to set a nonpartisan tone for this year’s legislature.… Continue reading Colorado Association of Realtors: Legislative Update

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

Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session

CAR’s Legislative Policy Committee (LPC) discussed key issues it will likely address in the upcoming session. First on the list was the Division of Real Estate’s sunset review. The Department of Regulatory Agencies (DORA) will issue a report in November outlining any regulatory changes it recommends. CAR recommend changes to continuing education (45 credits over… Continue reading Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session

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

Legislative Policy Committee (LPC) Back at Work

So far 379 bills have been introduced during the 2015 legislative session. CAR’s LPC has been busy reviewing bills that relate to the real estate industry and homeownership. Here’s a summary of some of the more interesting bills and the LPC’s positions: HB-1057 Statewide Initiative Ballot Process – LPC Position – Support. Sponsored by Rep.… Continue reading Legislative Policy Committee (LPC) Back at Work

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

CAR Will Become Stakeholder in Home Inspector Legislation

The Legislative Policy Committee determined that CAR should be a stakeholder in the effort to license home inspectors but not the primary group pushing for the measure. According to CAR President David Barber, Senator Nancy Spence has already agreed to sponsor the bill; now a House sponsor will be sought. In the upcoming 2015 session,… Continue reading CAR Will Become Stakeholder in Home Inspector Legislation