Transfer Fee Bill Just Passed by House

On a 63 to 0 vote, the full House just passed the transfer fee bill ("SB 234") without amendments.  The bill will next be sent to Governor Hickenlooper for consideration.  We fully expect the Governor to sign SB 234 into law and are pleased to report the HOA exclusions are in the final version of the bill.  Check out our April 26th blog posting for more information on the HOA exclusions. 

In other news, the HOA registration clean-up bill ("SB 253") is scheduled to be heard before the House Economic and Business Development Committee this afternoon.  Assuming the bill garners sufficient Republican support to make it out of Committee, the bill should proceed quickly through the House.

As always, we will continue to provide you with important updates on these bills.