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, which is scheduled for a hearing in committee Thursday 2/24/11 at 1:30 pm.
Due to legislative deadlines, very few new bills, except those related to the budget, may be introduced from now on. And also due to deadlines, a number of bills have recently moved or have died. See Legislative Tracking Chart for details, but below is a quick summary of the status of bills that relate to homeowners associations:
SB 11-122, the Junior Lienholder bill, failed to pass out of Committee before the Senate deadline and is now dead
HB 11-1197, the Superlien bill is still scheduled for hearing on Thursday. Negotiations surrounding this bill are ongoing.
HB 11-1124, the Conflict of Interest bill, has passed out of committee with positive amendments for homeowners associations.
HB 11-1110, the Senior Residential Community Good Governance bill, was amended favorably to exclude homeowners associations, has been passed by the House and is moving through the Senate
HB 11-1023, the Foreclosure Deferment Program, has passed