From Capitol Hill/Legislation

Subscribe to From Capitol Hill/Legislation via RSS

As expected, last Friday House Bill 18-1175 (HB 1175) was introduced in the Colorado House of Representatives.  The co-prime sponsors in the House are Representative Tracy Kraft-Tharp (D-Jefferson County), Chair of the House Business Affairs and Labor Committee where the bill has been assigned, and Representative Dan Thurlow (R-Mesa County).

As I mentioned in my…

The House Business Affairs and Labor Committee heard testimony this afternoon on whether to approve the introduction of a bill to continue the Community Association Manager Licensure Program for another five years and to include other recommendations of the Colorado Department of Regulatory Agencies (DORA), which I outlined in my blog posting on January 29th…

Tomorrow is the beginning of the legislative process to determine whether the licensure of community association managers will continue for another five years or whether the licensure program will be sunset.  On Tuesday, January 30th, the House Business Affairs and Labor Committee will consider the 2017 Sunset Review:  Community Association Management Practice Act (Sunset Report)…

Following the construction defects drama from the 2017 Colorado Legislative Session, the 2018 Legislative Session for HOAs was expected to be relatively quiet and early on the session is proceeding according to script.  While there have been some landlord/tenant bills, financing for affordable housing and other procedural bills introduced that only lawyers would be interested

…

On January 20th, Representative Kevin Van Winkle (R) introduced House Bill 17-1112 (HB 1112) which would provide immunity from penalties for individuals who engage in the unauthorized practice of a profession regulated by the Department of Regulatory Agencies (DORA), like a realtor engaging in the unauthorized practice of community association management, under the following circumstances:

Continue Reading Bill Introduced Granting Limited Immunity for Unauthorized Practice of Community Association Management

As we’ve discussed earlier this year, Congress recently passed the Housing Opportunity Through Modernization Act (HOTMA), which was signed into law by President Obama on July 29, 2016. While the act addresses many aspects of housing and federal housing assistance, of particular interest to us and some of our clients is one part of the act that addresses FHA Mortgage Insurance for Condominiums. The act requires that the Secretary of HUD streamline the project certification requirements that are applicable to insurance for condominium mortgages to that recertification is substantially less burdensome than certifications. In addition, the act requires that the Secretary of HUD also consider and modify other factors and practices in FHA project approvals for condominiums, including the amount of commercial space in a mixed-use project, transfer fees, and owner-occupancy requirements.Continue Reading FHA Condominium Owner-Occupancy Requirements