Jennifer Parenti
- Democratic
- Representative
- District 19
Current law declares void any express waivers of or limitations on the legal rights or remedies provided by the "Construction Defect Action Reform Act" or the "Colorado Consumer Protection Act". Sections 1 and 4 make it a violation of the "Colorado Consumer Protection Act" to obtain or attempt to obtain a waiver or limitation that violates the aforementioned current law. Section 4 also requires a court to award to a claimant that prevails in a claim arising from alleged defects in a residential property construction, in addition to actual damages, prejudgment interest on the claim at a rate of 6% from the date the work is finished to the date it is sold to an occupant and 8% thereafter. Current law requires that a lawsuit against an architect, a contractor, a builder or builder vendor, an engineer, or an inspector performing or furnishing the design, planning, supervision, inspection, construction, or observation of construction of an improvement to real property must be brought within 6 years after the claim arises. Section 2 increases the amount of time in which a lawsuit may be brought from 6 to 10 years. Current law also provides that a claim of relief arises when a defect's physical manifestation was discovered or should have been discovered. Section 2 also changes the time when a claim of relief arises to include both the discovery of the physical manifestation and the cause of the defect. Section 3 voids a provision in a real estate contract that prohibits group lawsuits against a construction professional. Section 5 of the bill prohibits governing documents of a common interest community from setting different or additional requirements than those in current law for a construction defect action.(Note: This summary applies to this bill as introduced.)
Senate Second Reading Special Order - Laid Over to 05/09/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/07/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/06/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/05/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/04/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/03/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/02/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 05/01/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 04/30/2024 - No Amendments
Senate Second Reading Special Order - Laid Over to 04/29/2024 - No Amendments
Senate Second Reading Laid Over to 04/26/2024 - No Amendments
Senate Second Reading Laid Over to 04/24/2024 - No Amendments
Senate Second Reading Laid Over to 04/22/2024 - No Amendments
Senate Committee on Local Government & Housing Refer Unamended to Senate Committee of the Whole
Introduced In Senate - Assigned to Local Government & Housing
House Third Reading Passed - No Amendments
House Third Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Passed - No Amendments
House Second Reading Laid Over Daily - No Amendments
House Committee on Judiciary Refer Amended to House Committee of the Whole
Bill Text Versions | Format |
---|---|
Reengrossed (04/04/2024) | |
Engrossed (03/22/2024) | |
Introduced (02/12/2024) | |
PA1 (03/08/2024) | |
Committee Amendment |
Document | Format |
---|---|
Fiscal Note FN1 (02/15/2024) | |
Fiscal Note FN2 (03/20/2024) | |
Fiscal Note FN3 (05/29/2024) |
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