As originally introduced, HB 1197 would have had a serious, negative affect on associations’ superliens. Luckily, Representative Gardner, the bill sponsor, has worked closely with stakeholders to rewrite the bill. The rewrite resulted in a complete redaction of the original wording of the bill and new language being added. The CAI Colorado LegislativeGo to Resource
Category: State Legislation
So far during the 2011 legislative session, we’ve seen a number of bills and a lot of action on issues that may impact the community association industry in Colorado. Fortunately, nothing has yet passed that would have a significant negative impact. The only bill left to watch carefully is the Superlien bill, whichGo to Resource
Once again, in a move that enables continued negotiations on this important bill, the hearing on the Superlien Bill, HB 11-1197, in the House and Economic and Business Development Committee has been postponed until next Tuesday. We hope this postponement will enable amendments to the bill that are more favorable to homeowners associationsGo to Resource
In part due to the comments from and engagement of stakeholders in the homeowner association industry, the Senate Judiciary Committee today voted 5-4 to indefinitely postpone SB 11-122, the Junior Lienholder Bill. It’s not over yet: the bill can still be brought back this session, and it is likely that the bill’s sponsorsGo to Resource
Good news: the hearing on the Superlien Bill, HB 11-1197, has been rescheduled for Thursday, 2/17/11, at 1:30 pm in the Economic and Business Development Committee. Negotiations led by Community Associations Institute’s Colorado Legislative Action Committee are continuing.