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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®, 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®

Colorado Association of Realtors: Legislative Update

The Homeownership Opportunity Alliance (HOA) of which CAR is a member, has not introduced its package of bills yet. Unfortunately, there are a few minor issues still being negotiated but the hope is to get the bill package introduced before the legislative session ends next week. The Legislative Police Committee voted to support conceptually one… Continue reading Colorado Association of Realtors: Legislative Update

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

Colorado Association of Realtors: Legislative Update

On Feb. 19 the LPC voted to oppose HB-1228 “Ag Protection Water Right Transfer Mechanism” sponsored by Jeni Arndt (Fort Collins). The bill would authorize an owner of an agricultural water right to seek a change-in-use decree in water court to allow the transfer of up to 50 percent of the water for renewable one-year… Continue reading Colorado Association of Realtors: Legislative Update

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

Colorado Association of Realtors: Legislative Update

At Realtor Day, Feb. 10, Speaker of the House Dickie Lee Hullinghorst said she is talking with the sponsors and trying to find a compromise on the yet to be introduced construction defects bill. The Speaker opposed the bill the last two times it was introduced, so this is good news. The LPC took the… Continue reading Colorado Association of Realtors: Legislative Update

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

Legislative Update

CAR has launched a Call to Action on Senate Bill 177 “HOA Construction Defect Lawsuit Approval Timelines" aka construction defects. This is the same bill CAR supported last year and the LPC voted to support this year’s bill with little discussion. SB-177 was introduced on Feb. 10th and assigned to the Business, Labor and Technology… Continue reading Legislative Update

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