Making an appropriation for programs to preserve mobile home communities, and establishing a revolving loan and grant program to assist mobile home owners in purchasing their communities. Mobile home owners seeking to organize and purchase mobile home parks can obtain financial assistance and financing through the revolving loan and grant program established by the act. The Division Of Housing … [Continue reading...]
SB22-157 Information Sharing For Consumer Protection Investigation
Enforcing laws relating to unfair business practices committed by regulated entities. During the investigation of a complaint alleging a violation of consumer protection laws, a district attorney or deputy or assistant district attorney (district attorney) may request records from a state or local licensing authority (licensing authority) regarding a regulated individual (regulated person) who is … [Continue reading...]
SB22-086 Homestead Exemption And Consumer Debt Protection
With respect to assets exempt from seizure in certain proceedings, and with regard to that, expanding the amount of the homestead exemption and its application to personal property actually used as a residence, increasing the scope and amount of assets that may be exempted, adding certain new exemptions, recreating and increasing an exemption for money in depository accounts, and removing a … [Continue reading...]
HB22-1282 – The Innovative Housing Incentive Program
Within the Office Of Economic Development (office), the act creates the Innovative Housing Incentive Program. A Colorado business that manufactures certain types of housing and has fewer than 500 employees may apply for funding through the program. Depending on the criteria established by the office, funding may be awarded for operating expenses as well as incentives for units manufactured that … [Continue reading...]
HB22-1416 – Property Tax Administrative Procedures
The property tax administrator is required by law, after consultation with the advisory committee to the property tax administrator and subject to the approval of the state board of equalization, to prepare and publish manuals, appraisal procedures, instructions, and guidelines (property tax materials) concerning the administration of property tax. Beginning January 1, 2023, section 1 of the act … [Continue reading...]
SB22-063 Property Ownership Fairness Act
Concerning the "Property Ownership Fairness Act". The bill enacts the "Property Ownership Fairness Act" (act). According to the bill, a property owner can seek just compensation from a governmental entity that enacts a land use law reducing their right to use, divide, sell, or possess their property, and reducing its fair market value. In the bill, it sets out the process by which a property … [Continue reading...]
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