Dylan Roberts
- Democratic
- Senator
- District 8
Primary
The act authorizes the state treasurer to invest up to $50 million of state money in bonds, which may have below-market interest rates, that are issued by a quasi-governmental authority to create or finance new affordable, income-restricted for-sale housing that would not be made available at similar rates and terms without the state's investment. The housing must remain affordable long-term and be available to borrowers earning no more than 140% of the statewide area median income. The bonds may have a term of up to 45 years and must have at least 2 credit ratings at or above A- or A3 or its equivalent from nationally recognized rating organizations. Money from principal proceeds of such bonds must be reinvested by the state treasurer for the same purpose once the state treasurer has received repayment of 50% of the principal amount invested. The quasi-governmental authority issuing the bonds shall provide an annual report to the treasurer and the general assembly that includes specified information about the affordable housing created with bond proceeds. (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 Third Reading Laid Over Daily - No Amendments
House Third Reading Laid Over to 04/06/2025 - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Finance Refer Amended to House Committee of the Whole
House Committee on Transportation, Housing & Local Government Refer Unamended to Finance
Introduced In House - Assigned to Transportation, Housing & Local Government
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Floor
Senate Committee on Local Government & Housing Refer Amended to Senate Committee of the Whole
Introduced In Senate - Assigned to Local Government & Housing
| Bill Text Versions | Format |
|---|---|
| Signed Act (05/15/2025) | |
| Final Act (04/29/2025) | |
| Rerevised (04/11/2025) | |
| Revised (04/03/2025) | |
| Reengrossed (02/05/2025) | |
| Engrossed (02/04/2025) | |
| Introduced (01/08/2025) | |
| PA2 (03/26/2025) | |
| PA1 (01/31/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (01/17/2025) | |
| Fiscal Note FN2 (03/18/2025) | |
| Fiscal Note FN3 (06/09/2025) |
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.