The Corporate Transparency Act (“CTA”), which was was originally enacted by Congress on January 1, 2021 for the purpose of preventing money laundering, tax fraud, and other similar activities, requires small corporations in the United States to file reports with the Financial Crimes Enforcement Network (“FinCEN”) on or before December 31, 2024, disclosingGo to Resource
Category: Colorado Legislative Tracking Report
The next meeting for the HOA Task Force (as created under HB23-1105) is currently scheduled for Tuesday, January 16, 2024. The meeting will again be held virtually, and interested persons may register to attend the meeting via zoom or may watch the meeting live on YouTube. The agenda for the January 16, 2024Go to Resource
House Bill 24-1078 was recently introduced into the 2024 legislative session and, if passed, it will affect CAMS and their management companies by reinstating and furthering licensure requirements for both. The long and short of the bill is that business entities that perform community association management for common interest communities in the stateGo to Resource
The first meeting of the Homeowners’ Rights Task Force occurred on October 24, 2023. At this initial meeting of the task force, brief discussion occurred about such topics as HOA manager licensing, options for resolving association disputes with homeowners that would be outside of the traditional lawsuit actions, the HOA budgeting process andGo to Resource
HB23-1105 was one of the bills affecting community associations that came out of this year’s legislative session. In brief, this bill creates a task force, under the Department of Regulatory Agencies (DORA) to examine issues confronting HOA homeowners’ rights and to prepare a report by April 15, 2024 regarding the task force’s findingsGo to Resource