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: State Legislation
The Corporate Transparency Act (“CTA”), which was was originally enacted by Congress on January 1, 2021 for the purpose of preventing money laundering, tax fraud, and other similar activities, requires small corporations in the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
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
On June 7, 2023, HB23-1068 was signed into law by Governor Polis. This bill provided changes to Colorado law intended to address concerns related to pet owners’ ability to find housing that allows them to keep their pets without unreasonable financial requirements. How does this bill impact associations? Sometimes associations restrict whether ownersGo 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