On a 3 to 2 vote, the Senate Local Government Committee just approved an amended version of House Bill 13-1277 (HB 1277). This bill, which would require the licensure of community association managers and management company executives in Colorado, will now be sent to the Senate Appropriations Committee for consideration. We expect the bill to clear the Appropriations Committee and make it through the Senate on a party line vote. Once that happens, the bill will go back to the House for concurrence and then on to Governor Hickenlooper to be signed into law with an effective date of July 1, 2015.