CO SB 49
died on adjournmentHomeowner Natural Disaster Mitigation
Colorado · 2026 Regular Session · upper
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Quick answers
Did CO SB 49 pass?
No. CO SB 49 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-05-14): Senate Committee on Appropriations Lay Over Unamended - Amendment(s) Failed
What is CO SB 49 about?
The bill adds individuals and homeowners' associations as eligible recipients of assistance from the natural disaster mitigation enterprise fund. The bill also provides that natural disaster mitigation includes installation of "impact-resistant roofing materials" and other "property-specific mitigation action" and provides definitions of the same.Additionally, the bill creates an income tax deduction for contributions to a catastrophe savings account (CSA), which is a savings account that a homeowner may use to cover the amount of insurance deductibles for claims stemming from hail, wildfire, or a catastrophic wind event, uninsured losses related to the same, and property-specific mitigation actions. The bill also exempts interest earned by CSAs from income tax.(Note: This summary applies to this bill as introduced.)
Who sponsors CO SB 49?
S. Camacho, M. Snyder, L. Frizell are the primary sponsors of CO SB 49.
Description
The bill adds individuals and homeowners' associations as eligible recipients of assistance from the natural disaster mitigation enterprise fund. The bill also provides that natural disaster mitigation includes installation of "impact-resistant roofing materials" and other "property-specific mitigation action" and provides definitions of the same.Additionally, the bill creates an income tax deduction for contributions to a catastrophe savings account (CSA), which is a savings account that a homeowner may use to cover the amount of insurance deductibles for claims stemming from hail, wildfire, or a catastrophic wind event, uninsured losses related to the same, and property-specific mitigation actions. The bill also exempts interest earned by CSAs from income tax.(Note: This summary applies to this bill as introduced.)
- Introduced
- 2026-01-27
- Latest action
- 2026-05-14 — Senate Committee on Appropriations Lay Over Unamended - Amendment(s) Failed
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- S. Camachosponsor
- M. Snydersponsor
- L. Frizellsponsor
Committees
Not provided by source.
Action timeline
Newest first
2026-05-14
Senate Committee on Appropriations Lay Over Unamended - Amendment(s) Failed
2026-04-14
Senate Committee on Finance Refer Amended to Appropriations
referral-committee
2026-01-27
Introduced In Senate - Assigned to Finance
introduction
Versions
Documents
Votes
Adopt amendment L.005 (Attachment E)
2026-04-14 · pass · 0-0
Adopt amendment L.004 (Attachment D)
2026-04-14 · pass · 0-0
Refer Senate Bill 26-049, as amended, to the Committee on Appropriations.
2026-04-14 · pass · 0-0
Member-level votes (9)
- Adrienne Benavidez: no
- Scott Bright: yes
- Lisa Frizell: yes
- Chris Kolker: no
- Kyle Mullica: yes
- Cleave Simpson: yes
- Marc Snyder: yes
- Janice Marchman: yes
- Cathy Kipp: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-10-10T12:36:59.848701Z
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