CO SB 74
enactedClarify Excessive Public Construction Bond Claim Penalty
Colorado · 2026 Regular Session · upper
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
- Status date
- —
- Latest action
- 2026-04-06 — Governor Signed
- 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
2026-04-06
Governor Signed
executive-signature
2026-03-27
Sent to the Governor
executive-receipt
2026-03-26
Signed by the Speaker of the House
passage
2026-03-26
Signed by the President of the Senate
passage
2026-03-19
Senate Considered House Amendments - Result was to Concur - Repass
2026-03-17
House Third Reading Passed - No Amendments
passage,reading-3
2026-03-16
House Second Reading Special Order - Passed with Amendments - Committee
2026-03-13
House Second Reading Laid Over Daily - No Amendments
2026-03-10
House Committee on Judiciary Refer Amended to House Committee of the Whole
committee-passage,referral-committee
2026-02-18
Introduced In House - Assigned to Judiciary
introduction
2026-02-17
Senate Third Reading Passed - No Amendments
passage,reading-3
2026-02-13
Senate Third Reading Laid Over to 02/17/2026 - No Amendments
2026-02-12
Senate Second Reading Passed - No Amendments
reading-2
2026-02-09
Senate Committee on Judiciary Refer Unamended - Consent Calendar to Senate Committee of the Whole
committee-passage
2026-01-28
Introduced In Senate - Assigned to Judiciary
introduction
Versions
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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
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z
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