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
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
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.
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