On Tuesday, March 26th, House Bill 19-1212 (HB 1212) finally cleared the House Committee on Transportation & Local Government with several amendments and was referred to the House Finance Committee for consideration of the Fiscal Note. For those of you who follow this blog, you know that HB 1212 is an extremely important bill that will reenact the Community Association Manager Licensure Program in Colorado, which is set to expire on June 30, 2019, unless this bill is signed into law by Governor Polis.
Continuing this important program will protect the significant investment in licensure already made by managers and management companies across Colorado, will continue to elevate the profession of community association management and will provide important consumer protections.
Eight amendments to HB 1212 were considered in the House, with seven of them passing. This preamended version of the HB 1212 shows the amendments to the bill which include:
• The authority of the Director of the Division of Real Estate, in consultation with the Advisory Committee, to establish by rule the credentials that will be recognized as qualifying for licensure;
• Provides that all fees, including transfer fees, must be included in the manager’s contract with the HOA or an addendum to the contract, in order to be enforceable;
• Includes a comprehensive process which must be utilized by the Division of Real Estate to investigate and adjudicate complaints brought against a licensed Community Association Manager;
• The authority of the Director of the Division of Real Estate, in consultation with the Advisory Committee, to establish rules relating to the appointment and removal of Advisory Committee Members; and
• In the future, a sunset review will be prepared to determine whether this Community Association Manager licensure program will sunset on September 1, 2025.
The heavy lifting for amendments was handled in the House Committee on Transportation and Local Government, and the House Finance Committee will next consider whether to approve the fiscal note for this program – which should not be an issue. Once this is accomplished, HB 1212 will go before the full House for a vote on second reading of the bill.
Stay tuned to this blog for significant updates on HB 1212 as they become available.