Bill Commons

CO SB 74

enacted

Clarify Excessive Public Construction Bond Claim Penalty

Colorado · 2026 Regular Session · upper

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Quick answers

Did CO SB 74 pass?

Yes. CO SB 74 has been enacted into law. Latest recorded action (2026-01-28): Introduced In Senate - Assigned to Judiciary

What is CO SB 74 about?

Currently, a contractor on a private construction project has a statutory right to secure payment with a general mechanic's lien. However, if the contractor knowingly files on the lien for an excessive amount, the contractor forfeits all rights to the lien and is liable to the person against whom the lien was filed for costs and attorney fees. A contractor on a public construction project has a similar right to secure payment by filing a verified statement of claim, which requires the project owner to withhold funds sufficient to pay the claim, usually in the form of a bond. The act clarifies that a public construction contractor who knowingly files a verified statement of claim for an excessive amount forfeits all rights pursuant to the verified statement of claim. Thus, the act aligns, for both a private and public construction contractor, the penalty for claiming an excessive amount on a lien or verified statement of claim to the loss of rights related to that lien or verified statement of claim, respectively.     The act expressly allows for a private mechanic's lien or public verified statement of claim to include costs otherwise allowed under a contract in the lien or verified statement of claim amount, including costs incurred as a result of delay, lost productivity, or other disruption to the work. The act also clarifies that an award by a court for an amount less than the amount claimed in a lien or verified statement of claim does not render the amount claimed excessive.(Note: This summary applies to this bill as enacted.)

Who sponsors CO SB 74?

K. Nguyen, S. Camacho, M. Snyder and 1 others are the primary sponsors of CO SB 74, joined by 6 cosponsors.

Description

Currently, a contractor on a private construction project has a statutory right to secure payment with a general mechanic's lien. However, if the contractor knowingly files on the lien for an excessive amount, the contractor forfeits all rights to the lien and is liable to the person against whom the lien was filed for costs and attorney fees. A contractor on a public construction project has a similar right to secure payment by filing a verified statement of claim, which requires the project owner to withhold funds sufficient to pay the claim, usually in the form of a bond. The act clarifies that a public construction contractor who knowingly files a verified statement of claim for an excessive amount forfeits all rights pursuant to the verified statement of claim. Thus, the act aligns, for both a private and public construction contractor, the penalty for claiming an excessive amount on a lien or verified statement of claim to the loss of rights related to that lien or verified statement of claim, respectively.     The act expressly allows for a private mechanic's lien or public verified statement of claim to include costs otherwise allowed under a contract in the lien or verified statement of claim amount, including costs incurred as a result of delay, lost productivity, or other disruption to the work. The act also clarifies that an award by a court for an amount less than the amount claimed in a lien or verified statement of claim does not render the amount claimed excessive.(Note: This summary applies to this bill as enacted.)

Introduced
2026-01-28
Latest action
2026-01-28 — Introduced In Senate - Assigned to Judiciary
Bill type
bill
Last updated
—

Subjects

Sponsors

  • K. Nguyensponsor
  • S. Camachosponsor
  • M. Snydersponsor
  • J. Carsonsponsor
  • R. Peltoncosponsor
  • B. Marshallcosponsor
  • L. Listoncosponsor
  • M. Durancosponsor
  • M. Cartercosponsor
  • J. Baconcosponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-04-06

    Governor Signed

    executive-signature

  2. 2026-03-27

    Sent to the Governor

    executive-receipt

  3. 2026-03-26

    Signed by the President of the Senate

    passage

  4. 2026-03-26

    Signed by the Speaker of the House

    passage

  5. 2026-03-19

    Senate Considered House Amendments - Result was to Concur - Repass

  6. 2026-03-17

    House Third Reading Passed - No Amendments

    passage,reading-3

  7. 2026-03-16

    House Second Reading Special Order - Passed with Amendments - Committee

  8. 2026-03-13

    House Second Reading Laid Over Daily - No Amendments

  9. 2026-03-10

    House Committee on Judiciary Refer Amended to House Committee of the Whole

    committee-passage,referral-committee

  10. 2026-02-18

    Introduced In House - Assigned to Judiciary

    introduction

  11. 2026-02-17

    Senate Third Reading Passed - No Amendments

    passage,reading-3

  12. 2026-02-13

    Senate Third Reading Laid Over to 02/17/2026 - No Amendments

  13. 2026-02-12

    Senate Second Reading Passed - No Amendments

    reading-2

  14. 2026-02-09

    Senate Committee on Judiciary Refer Unamended - Consent Calendar to Senate Committee of the Whole

    committee-passage

  15. 2026-01-28

    Introduced In Senate - Assigned to Judiciary

    introduction

Versions

Documents

Votes

  • Refer Senate Bill 26-074 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

    2026-02-09 · pass · 0-0

    Member-level votes (7)
    • John Carson: yes
    • Nick Hinrichsen: yes
    • Marc Snyder: yes
    • Katie Wallace: yes
    • Lynda Zamora Wilson: yes
    • Dylan Roberts: yes
    • Mike Weissman: yes

  • BILL

    2026-02-17 · pass · 0-0

    Member-level votes (35)
    • Amabile: yes
    • Baisley: yes
    • Ball: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: excused
    • Cutter: yes
    • Danielson: excused
    • Daugherty: excused
    • District 21: other
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: excused
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: yes
    • President: yes

  • Adopt amendment L.004 (Attachment C)

    2026-03-10 · pass · 0-0

  • Adopt amendment L.006 (Attachment E)

    2026-03-10 · pass · 0-0

  • Refer Senate Bill 26-074, as amended, to the Committee of the Whole.

    2026-03-10 · pass · 0-0

    Member-level votes (11)
    • Jennifer Bacon: yes
    • Chad Clifford: yes
    • Cecelia Espenoza: yes
    • Ava Flanell: excused
    • Lorena Garcia: yes
    • Rebecca Keltie: yes
    • Scott Slaugh: yes
    • Matt Soper: yes
    • Yara Zokaie: yes
    • Michael Carter: yes
    • Javier Mabrey: yes

  • Adopt amendment L.001 (Attachment B)

    2026-03-10 · pass · 0-0

  • Adopt amendment L.005 (Attachment D)

    2026-03-10 · pass · 0-0

  • CONCUR

    2026-03-19 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: yes
    • Ball: excused
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: yes
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: yes
    • Coleman: yes
    • President: yes

  • REPASS

    2026-03-19 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: yes
    • Ball: excused
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: yes
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: yes
    • Coleman: yes
    • President: yes

Related bills

No related bills recorded for this bill.

Official source

https://leg.colorado.gov/bills/SB26-074

Attribution

Data from openstates_api_sync, retrieved 2026-08-08T01:57:41.193191Z

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