More HOA legislation is here! Five new bills have been released so far this January, including HB24-1078, also known as the Community Manager Regulation Bill. Below is an introduction to each of the remaining four bills released this month (so far). SB24-005 – Prohibit Landscaping Practices for Water Conservation – Here is aGo to Resource
Category: Legislative Miscellaneous
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
The Corporate Transparency Act (“CTA”) was originally enacted in 2021 for the purpose of preventing money laundering, tax fraud, and other similar activities, by requiring corporations in the United States to file reports with the federal government regarding their beneficial owners. These reporting requirements are scheduled to take effect on January 1, 2024,Go 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
To everything (turn, turn, turn) There is a season (turn, turn, turn)…. A time you may embrace, a time to refrain from embracing. (- lyrics by Pete Seeger) The Colorado 2023 Legislative Season has come to a close, and, much like the lyrics above, you may find yourself embracing and perhaps refrainingGo to Resource