With respect to assets exempt from seizure in certain proceedings, and with regard to that, expanding the amount of the homestead exemption and its application to personal property actually used as a residence, increasing the scope and amount of assets that may be exempted, adding certain new exemptions, recreating and increasing an exemption for money in depository accounts, and removing a … [Continue reading...]
HB22-1282 – The Innovative Housing Incentive Program
Within the Office Of Economic Development (office), the act creates the Innovative Housing Incentive Program. A Colorado business that manufactures certain types of housing and has fewer than 500 employees may apply for funding through the program. Depending on the criteria established by the office, funding may be awarded for operating expenses as well as incentives for units manufactured that … [Continue reading...]
HB22-1416 – Property Tax Administrative Procedures
The property tax administrator is required by law, after consultation with the advisory committee to the property tax administrator and subject to the approval of the state board of equalization, to prepare and publish manuals, appraisal procedures, instructions, and guidelines (property tax materials) concerning the administration of property tax. Beginning January 1, 2023, section 1 of the act … [Continue reading...]
SB22-063 Property Ownership Fairness Act
Concerning the "Property Ownership Fairness Act". The bill enacts the "Property Ownership Fairness Act" (act). According to the bill, a property owner can seek just compensation from a governmental entity that enacts a land use law reducing their right to use, divide, sell, or possess their property, and reducing its fair market value. In the bill, it sets out the process by which a property … [Continue reading...]
SB22-060 – Limit Home Owners’ Association Fee Increases For Common Elements
Limiting fees associated with the use of common elements in a common interest community. As a result of the bill, the unit owners' association of a common interest community cannot raise the amount of any fee charged on a regular and ongoing basis for using, renting, or operating one or more common elements by more than 10% in any 12-month period unless a majority of unit owners approves the fee … [Continue reading...]
HB22-1137 Homeowners’ Association Board Accountability And Transparency
With regard to a unit owner's delinquency in paying unit homeowners' association (HOA) assessments, fines, or fees, section 1 of the act: Requires an HOA to first contact the unit owner regarding the delinquency by, in addition to sending a notice of delinquency to the unit owner by certified mail and by posting a copy of the notice on the unit owner's property, contacting the unit owner by … [Continue reading...]
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- Next Page »