Colorado Association of REALTORS | Government Affairs
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Government Affairs

CO Legislator of Year

Colorado Association of REALTORS® Honors 2018 Legislator of the Year Mike Weissman

Representative Mike Weissman was awarded the 2018 Legislator of the Year Award by the Colorado Association of REALTORS® (CAR) for his notable legislative efforts in support of the American dream of homeownership. This is the second year the Colorado Association of REALTORS® has recognized Colorado legislators for their commitment to homeownership and REALTOR® priority issues.   In the 2018 legislative session, Rep....

REMI

Colorado Measure Would Make Most of State Off Limits to Drillers

Come November Colorado voters will consider banning oil and gas drilling within 2,500 feet of homes, businesses and many green spaces, a move that would effectively prohibit it in most of the U.S.’s seventh largest oil-producing state. The Colorado Secretary of State’s office said Wednesday that antifracking activists had collected enough valid signatures from state voters to put the issue on...

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...

flatirons in Boulder Co

With no leader, no employees and no money, what will happen to Boulder County’s public trustee?

Governor's office: We have a plan, but no details available By Shay Castle   Numbers have been dwindling for years inside Boulder County's public trustee office. As the revenue from fees on ever-shrinking sales and foreclosures grew smaller, so, too, did the staff: down from five in 2012 to two today.   Next week, staff will drop further, to zero.   Trustee Jim Martin announced his resignation...

Open road on a partly cloudy day.

IRS Guidance Out on 20% Business Income Deduction

The Internal Revenue Service issued proposed regulations today for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified business income deduction is available for tax years beginning after Dec. 31, 2017. Taxpayers can claim it for the first time on the 2018 federal...

Denver Colorado Capitol Building at Night. Colorado State Capitol Located in Denver Colorado.

Breaking News: Flood Insurance Extension Passes Overwhelmingly

In a big win for REALTORS®, the National Flood Insurance Program will continue renewing or issuing new insurance for four more months under legislation overwhelmingly by the U.S. Senate today. The bill, which cleared the House last week, is expected to be signed into law before midnight tonight, when the program expires.   "We applaud lawmakers for taking this needed action to...

savings, finances, economy and home concept - close up of man with calculator counting money and making notes at home

Many Owners Lack Sufficient Insurance to Cover Disasters

Many homeowners have limits on their home insurance policies that are too low to cover the full cost of repairing or rebuilding in case of a natural disaster—and the problem is particularly alarming in areas at risk of hurricanes and flooding, The Wall Street Journal reports.   Catastrophic damage left in the wake of Hurricanes Harvey, Irma, and Maria last year revealed a widespread...

Photo of Bob LeGare

Longtime REALTOR® Bob LeGare Selected as Aurora’s New Mayor

Last night, the Aurora City Council selected Bob LeGare, longtime REALTOR® and member of the Aurora Association of REALTORS®, to be the city’s new mayor. LeGare will serve through the remainder of Hogan's four-year term, which ends in December 2019.   Bob has been a REALTOR® since 1983 and has lived in Aurora for 43 years.  He has served on numerous boards and committees for...

A wildfire burns in a fir and aspen forest.

Durango Wildfire Program & VBR REALFire Program

Durango Wildfire Assistance   Those affected by the 416 Fire near Durango are in need of monetary donations, food and household items, and animal-related donations. The Durango Area Association of REALTORS® (DAAR) is working in partnership with area relief organizations, and recently collected nearly 325 lbs of food for the Durango Food Bank as well as monetary donations to assist evacuees.   As of June 19,...

Symbol of law and justice in the empty courtroom law and justice concept BLUE TONE

Statement: NAR Applauds Rule Making REALTORS® Eligible to Participate in Association Health Plans

NAR Applauds Rule Making REALTORS® Eligible to Participate in Association Health Plans   WASHINGTON (June 19, 2018) – The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered...