HB 21-1229

  • Colorado House Bill
  • 2021 Regular Session
  • Introduced in House May 26, 2021
  • Passed House May 26, 2021
  • Passed Senate Jun 01, 2021
  • Signed by Governor Jul 02, 2021

Home Owners' Associations Governance Funding Record Keeping

Abstract

The act increases requirements for disclosure and transparency in the operations of unit owners' associations (HOAs) in common interest communities, including requiring an HOA to maintain and keep available to unit owners, as part of its official records:A list of the HOA's current fees chargeable upon sale of a home in the community; and Other information currently required to be disclosed annually under existing law, including financial statements, reserve fund balances, insurance policies, and meeting minutes. If access to the association records described above are not provided within 30 calendar days after a request was submitted by certified mail, the HOA is liable for a penalty of $50 per day for not providing them.Section 2 of the act adds specificity to the requirement that HOAs allow installation of renewable energy generation devices (e.g., solar panels) subject to reasonable aesthetic guidelines by requiring approval or denial of a completed application within 60 days and requiring approval if imposition of the aesthetic guidelines would result in more than a 10% reduction in efficiency or a 10% increase in price.Section 1 specifically includes nonvegetative turf grass (also known as artificial turf) among the types of drought-tolerant landscaping materials that the HOA may regulate but not prohibit in the backyard area of a unit. Section 3 adds a similar provision to a companion statute.The act does not apply to HOAs that include time-share units.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (3)

Votes


Actions


Jul 02, 2021

Office of the Governor

Governor Signed

Jun 23, 2021

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Jun 07, 2021

House

House Considered Senate Amendments - Result was to Concur - Repass

Jun 02, 2021

House

House Considered Senate Amendments - Result was to Laid Over Daily

Jun 01, 2021

Senate

Senate Third Reading Passed - No Amendments

May 28, 2021

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee

May 27, 2021

Senate

Senate Committee on State, Veterans, & Military Affairs Refer Amended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Senate Committee of the Whole State, Veterans, & Military Affairs

May 26, 2021

Senate

Introduced In Senate - Assigned to State, Veterans, & Military Affairs

  • Introduction
State, Veterans, & Military Affairs

House

House Third Reading Passed - No Amendments

May 25, 2021

House

House Second Reading Special Order - Passed with Amendments - Committee, Floor

May 22, 2021

House

House Committee on Finance Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Finance

May 20, 2021

House

House Committee on Business Affairs & Labor Refer Amended to Finance

  • Referral-Committee
Finance

Apr 29, 2021

House

House Committee on Business Affairs & Labor Witness Testimony and/or Committee Discussion Only

Mar 18, 2021

House

Introduced In House - Assigned to Business Affairs & Labor

  • Introduction
Business Affairs & Labor

Bill Text

Bill Text Versions Format
Signed Act (07/02/2021) PDF
Final Act (06/23/2021) PDF
Rerevised (06/01/2021) PDF
Revised (05/28/2021) PDF
Reengrossed (05/26/2021) PDF
Engrossed (05/25/2021) PDF
Introduced (03/18/2021) PDF
PA3 (05/27/2021) PDF
PA2 (05/25/2021) PDF
PA1 (05/22/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (04/07/2021) PDF
Fiscal Note FN2 (05/21/2021) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.