CO HB 1099
enactedProtect Financial Condition of Homeowners Associations
Colorado · 2026 Regular Session · lower
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Quick answers
Did CO HB 1099 pass?
Yes. CO HB 1099 has been enacted into law. Latest recorded action (2026-04-13): Governor Signed
What is CO HB 1099 about?
The act requires the declarant of a new planned community or condominium, prior to transfer of control from the declarant to the association of a planned community or condominium, to obtain and pay for a reserve study for the planned community or condominium. The study must estimate the projected costs of maintaining, repairing, or replacing the common elements or property of the planned community or condominium over a 30-year period. The reserve study must be conducted by an independent reserve study professional or other qualified professional with knowledge of industry standards and that has no business relationship with or financial interest in the declarant and is not a affiliate of the declarant. When an association, other than a self-managed association, changes association management companies, the former association management company shall, within 45 days, deliver to the new association management company or the association, at no charge to the association, all association property, records, money, accounts, information, and other items or information specified in the act (property and records). Unless otherwise agreed in writing, the former association management company shall pay the association $250 for each business day that it fails to timely return the association's property and records and is liable for all interest and late fees on late payments made by the association due to the former association management company's failure to turn over the property and records, as well as any other damages incurred by the association. In a civil action to recover the property and records or the payments owed to the association for the former association management company's failure to turn over the property and records, if the court finds that the former association management company's violation was willful, the former association management company shall be liable for treble the association's actual damages, plus reasonable attorney fees and court costs.(Note: This summary applies to this bill as enacted.)
Who sponsors CO HB 1099?
J. Marchman, C. Kolker, B. Titone and 1 others are the primary sponsors of CO HB 1099, joined by 10 cosponsors.
Description
The act requires the declarant of a new planned community or condominium, prior to transfer of control from the declarant to the association of a planned community or condominium, to obtain and pay for a reserve study for the planned community or condominium. The study must estimate the projected costs of maintaining, repairing, or replacing the common elements or property of the planned community or condominium over a 30-year period. The reserve study must be conducted by an independent reserve study professional or other qualified professional with knowledge of industry standards and that has no business relationship with or financial interest in the declarant and is not a affiliate of the declarant. When an association, other than a self-managed association, changes association management companies, the former association management company shall, within 45 days, deliver to the new association management company or the association, at no charge to the association, all association property, records, money, accounts, information, and other items or information specified in the act (property and records). Unless otherwise agreed in writing, the former association management company shall pay the association $250 for each business day that it fails to timely return the association's property and records and is liable for all interest and late fees on late payments made by the association due to the former association management company's failure to turn over the property and records, as well as any other damages incurred by the association. In a civil action to recover the property and records or the payments owed to the association for the former association management company's failure to turn over the property and records, if the court finds that the former association management company's violation was willful, the former association management company shall be liable for treble the association's actual damages, plus reasonable attorney fees and court costs.(Note: This summary applies to this bill as enacted.)
- Introduced
- 2026-02-03
- Latest action
- 2026-04-13 — Governor Signed
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- J. Marchmansponsor
- C. Kolkersponsor
- B. Titonesponsor
- K. Nguyensponsor
- J. Gonzalescosponsor
- T. Exumcosponsor
- J. Colemancosponsor
- M. Weissmancosponsor
- J. Josephcosponsor
- J. Baconcosponsor
- M. Lindsaycosponsor
- T. Sullivancosponsor
- C. Kippcosponsor
- I. Jodehcosponsor
Committees
Not provided by source.
Action timeline
Newest first
2026-04-13
Governor Signed
executive-signature
2026-04-02
Sent to the Governor
executive-receipt
2026-04-01
Signed by the Speaker of the House
passage
2026-04-01
Signed by the President of the Senate
passage
2026-03-25
Senate Third Reading Passed - No Amendments
passage,reading-3
2026-03-24
Senate Second Reading Passed - No Amendments
reading-2
2026-03-19
Senate Committee on Local Government & Housing Refer Unamended to Senate Committee of the Whole
committee-passage,referral-committee
2026-03-03
Introduced In Senate - Assigned to Local Government & Housing
introduction
2026-02-26
House Third Reading Passed - No Amendments
passage,reading-3
2026-02-25
House Third Reading Laid Over Daily - No Amendments
2026-02-24
House Committee of the Whole Amendment - Change from Passed to Lost
2026-02-24
House Second Reading Special Order - Passed with Amendments - Committee
2026-02-23
House Second Reading Laid Over Daily - No Amendments
2026-02-18
House Committee on Transportation, Housing & Local Government Refer Amended to House Committee of the Whole
committee-passage,referral-committee
2026-02-03
Introduced In House - Assigned to Transportation, Housing & Local Government
introduction
Versions
Documents
Votes
Refer House Bill 26-1099, as amended, to the Committee of the Whole.
2026-02-18 · pass · 0-0
Member-level votes (13)
- Carlos Barron: no
- Andrew Boesenecker: yes
- Max Brooks: no
- Jamie Jackson: yes
- Mandy Lindsay: yes
- Kenny Nguyen: yes
- Amy Paschal: yes
- Jacque Phillips: no
- Larry Don Suckla: no
- Ron Weinberg: no
- Steven Woodrow: yes
- Rebekah Stewart: yes
- Meg Froelich: yes
Adopt amendment L.002 (Attachment D)
2026-02-18 · pass · 0-0
Refer House Bill 26-1099 to the Committee of the Whole.
2026-03-19 · pass · 0-0
Member-level votes (7)
- Mark Baisley: no
- William Lindstedt: yes
- Larry Liston: yes
- Janice Marchman: yes
- Janice Rich: no
- Marc Snyder: yes
- Tony Exum: yes
BILL
2026-03-25 · pass · 0-0
Member-level votes (36)
- Amabile: yes
- Baisley: no
- Ball: yes
- Benavidez: yes
- Bridges: yes
- Bright: no
- Carson: no
- Catlin: no
- Cutter: yes
- Danielson: yes
- Daugherty: yes
- Exum: yes
- Frizell: no
- Gonzales J.: yes
- Hinrichsen: yes
- Jodeh: yes
- Kipp: yes
- Kirkmeyer: no
- Kolker: yes
- Lindstedt: yes
- Liston: no
- Marchman: yes
- Mullica: yes
- Pelton B.: no
- Pelton R.: no
- Rich: no
- Roberts: yes
- Rodriguez: yes
- Simpson: no
- Snyder: yes
- Sullivan: yes
- Wallace: yes
- Weissman: yes
- Zamora Wilson: no
- Coleman: yes
- President: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z
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