Colorado SB-220 Runs Out of Time, is Dead

by Alex Nelson ColoradoConstruction Case Law & StatutesHomeowner AssociationsHousing and Mortgage IndustriesLegislativeNews

May 5, 2014

The Colorado Senate Committee on State, Military, and Veterans Affairs took two-and-one-half hours of testimony on SB-220, which would have gutted the rights of homeowners associations to bring construction defect claims by requiring non-appealable arbitration in all instances, as well as placing other onerous requirements on such defect claims. The bill passed out of the Senate Committee on a 3-2 vote. SB-220 had been double-assigned to two Senate committees though, and the second committee (the Judiciary) ran out of time to hear and consider the bill before the end of the legislative session. So, the bill died a quick death in a procedural move. More to come next year I’m sure…