Colorado Association of REALTORS | Capitol Connection
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Capitol Connection

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Capitol Connection – February 8, 2019

CAR Economic Summit and REALTOR® Day at the Capitol Focus on the Importance of Homeownership   Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol.  We had a busy two-day event with over 250 REALTORS® attending from across the state. At Tuesday's Economic Summit, members had the opportunity to hear from keynote...

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Capitol Connection: February 1, 2019

House Bill 19-1167: Remote Notaries Protect Privacy   HB19-1167 sponsored by Representative Monica Duran (D-Wheat Ridge), Representative Terri Carver (R-Colorado Springs) and Senator Robert Rodriguez (D-Denver), authorizes notaries public to perform a notarial act through use of audio-visual communication, such as technology similar to Skype or FaceTime. It's commonly referred to as "remote notarization." Existing law requires an individual to appear in-person in...

50-state research aims to identify nation’s most innovative housing solutions

The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States.   From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...

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Capitol Connection: January 25, 2019

Senate Bill 19-051: Increase General Fund Funding for Transportation   SB19-051 sponsored by Senator John Cooke (R-Greeley) and Senator Ray Scott (R-Grand Junction), authorizes the state to transfer additional general fund money to fund the state's transportation needs as enacted by Senate Bill 18-001 in 2018. Under Senate Bill 18-001, the state now dedicates $105 million to the state highway fund, $22.5 million to...

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Capitol Connection: January 18, 2019

House Bill 19-1075: Tax Credit Employer-assisted Housing Pilot Program   HB19-1075, sponsored by Representative James Wilson (R-Salida), creates a pilot program to increase employer-assisted housing projects in rural areas of the state from 2019 to 2023 tax years. It creates a state income tax credit to any taxpayer that donates to a state housing authority, Colorado and Housing Finance Authority (CHFA), a...

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Capitol Connection: January 11, 2019

The First Regular Session of the 72nd General Assembly Opened on January 4         The first gavel of the first regular session of the 72nd General Assembly came down on Friday, January 4th under the new leadership of Senate President Leroy Garcia and Speaker of the House KC Becker. As of this morning, 160 bills have been introduced since the start of...

Ballot Initiative 97

Initiative 97/REMI Study

Colorado’s oil and gas industry supports hundreds of thousands of jobs in the state across nearly all sectors of the economy. In addition, the industry operates within some of the nation’s strictest regulations regarding safety, water monitoring and air quality.   Proposed Ballot Initiative 97 would increase the distance between oil and gas operations and vulnerable areas or occupied structures. Setbacks have...

Squatter Prevention Bill on its Way to Hickenlooper

A Colorado legislative measure born out of frustration with the process of evicting those who illegally take over someone’s home is on its way to Gov. John Hickenlooper for signing.   Senate Bill 15 (SB18-015) will set up a faster process for getting “squatters” — people who move into a home without homeowner authorization — evicted from the premises. The new law will...

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Capitol Connection – May 11, 2018

Sine Die! Wednesday, May 9th, the final gavel came down on the second session of the 71st General Assembly.  In total, 784 bills were introduced.  The Colorado Association of RELATORS® (CAR) tracked 80 bills this year and the Legislative Policy Committee (LPC) took a position on 46 of them.  The split legislature this year with Republicans controlling the Senate and Democrats...

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Capitol Connection – May 4, 2018

House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations and Housing Authorities engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to...