With only 9 days left in the Colorado legislative session, two significant bills remain in play for HOAs in Colorado.
The transfer fee bill (“SB 234”) was passed on 3rd reading Friday by the full Senate. While the bill has been significantly amended by the Senate, the HOA provisions we outlined in our April 26th blog posting remain in place. SB 234 is currently slated to be heard Wednesday by the House Committee on State Affairs.
The HOA registration clean-up bill (“SB 253”), just minutes ago passed the full Senate on 3rd reading by a 24 to 10 vote. SB 253 has cleared the Senate with no amendments and is now headed to the House for action. For information on SB 253, check out our May 21st blog posting. We will provide you with an update as soon as the bill is assigned to a House committee and scheduled for hearing.
As always, you can count on Winzenburg, Leff, Purvis & Payne to provide you with the latest updates on legislation affecting HOAs.