Last week Senate Bill 177, also knows as the construction-defects bill, was introduced in the Colorado House of Representatives. The bill has been assigned to the State, Veterans and Military Affairs Committee, which is being referred to as the "kill committee" for the measure.
Construction-defects Reform Bill Would Make it Harder for Homeowners to Sue Over Faulty Construction
If the measure fails to pass the House, it would be the third year in a row that a construction-defects bill failed in the legislature.
Colorado Construction-Defects Bill Passes Legislative Committee, Moves on to Senate
Rep. Max Tyler (D-Lakewood) plans to introduce a collection of bills he says take a broader approach to solving some supply issues. One of the bills would redirect $25 million annually from the state's Unclaimed Property Fund to pay for affordable rental-housing vouchers. A second bill would encourage construction of lower-priced housing through expanded use of developer tax credits. The third bill would allow condo builders to voluntarily hire a state-approved inspector to rate the quality of their work.
(more on Colorado's battle over its construction-defects law...)