Jeff Bridges
- Democratic
- Senator
- District 26
Primary
The middle-income housing authority (authority) has the power to make and enter into contracts or agreements with public or private entities to facilitate public-private partnerships. The act clarifies this power of the authority to enter into public-private partnerships by specifying that: The affordable rental housing component of a public-private partnership is exempt from state and local taxation, and the authority must provide initial and ongoing notice to the local assessor of the exemption; A public-private partnership may include an agreement concerning commercial property in connection with an affordable rental housing project; A public-private partnership may provide for the transfer of the interest in an affordable rental housing project to an entity other than the authority; The authority may issue bonds to finance the affordable rental housing component in a public-private partnership; and Bonds issued by the authority may be payable from the revenue and assets of the affordable rental housing component of a public-private partnership or solely from the revenue or assets of the authority as current law requires. Additionally, the act expands the board of directors of the authority from 14 to 16 by adding 2 nonvoting members. The senate majority leader and the house majority leader will each appoint a member of the general assembly from their respective chambers to serve as the 2 new nonvoting members; except that, if the senate majority leader and the house majority leader are from the same political party, the house minority leader will appoint the member to the board of directors from the house. For the 2023-24 state fiscal year, $3,774 is appropriated from the general fund to the legislative department for use by the general assembly to implement the act. APPROVED by Governor June 2, 2023 EFFECTIVE June 2, 2023 (Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Legislative Council Refer Unamended to House Committee of the Whole
House Committee on Refer Amended to Legislative Council
House Committee on Transportation, Housing & Local Government Refer Amended to Appropriations
Introduced In House - Assigned to Transportation, Housing & Local Government
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Local Government & Housing Refer Amended to Appropriations
Introduced In Senate - Assigned to Local Government & Housing
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/02/2023) | |
| Final Act (05/08/2023) | |
| Rerevised (05/01/2023) | |
| Revised (04/29/2023) | |
| Reengrossed (02/22/2023) | |
| Engrossed (02/21/2023) | |
| Introduced (01/10/2023) | |
| PA3 (04/14/2023) | |
| PA2 (03/30/2023) | |
| PA1 (01/27/2023) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (02/15/2023) | |
| Fiscal Note SA2 (04/11/2023) | |
| Fiscal Note FN1 (01/23/2023) | |
| Fiscal Note FN2 (09/07/2023) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
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