HB 25-1322
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
HB 25-1322: ENFORCE INSURER COMPLIANCE REQUESTS INS POLICY
Prime Sponsors:
Rep. Carter; Espenoza
Sen. Exum; Roberts
Published for: House Judiciary
Drafting number: LLS 25-0995
Fiscal Analyst:
Brendan Fung, 303-866-4781
brendan.fung@coleg.gov
Version: Initial Fiscal Note
Date: April 11, 2025
Fiscal note status: This fiscal note reflects the introduced bill.
Summary Information
Overview. The bill makes homeowner’s insurance carriers liable for damages and attorney’s fees when
not complying with certain laws.
Types of impacts. The bill is projected to affect the following areas on an ongoing basis:
Minimal State Workload Minimal State Revenue
Appropriations. No appropriation is required.
Table 1
State Fiscal Impacts
Type of Impact
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Transferred Funds $0 $0
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
Page 2
April 11, 2025 HB 25-1322
Summary of Legislation
Current law requires homeowner’s insurance carriers to provide policyholders with a certified
copy of their policy within 30 days of a request. The bill clarifies that the request must be in
writing and submitted to the insurance carrier’s registered agent. Carriers that fail to comply
with these provisions are liable for $50 of damages for each day that the certified copy is not
delivered to the policyholder beyond the 30-day requirement. Carriers are also liable for
attorney’s fees and other costs associated with this legal action.
State Revenue
Starting in FY 2025-26, the bill may increase state revenue to the Judicial Department from an
increase in filing fees to the extent that policyholders take legal action against carriers for failing
to make a certified copy of their policy available within 30 days. It is assumed that carriers will
comply with the law, and that increased revenue will be minimal. Revenue from filing fees is
subject to TABOR.
State Expenditures
The bill minimally impacts workload in the Judicial Department and the Department of
Regulatory Agencies (DORA) beginning in FY 2025-26, as described below.
Judicial Department
Similar to the State Revenue section above, the trial courts in the Judicial Department may
experience an increase in workload if additional civil cases are filed. The fiscal note assumes that
carriers will comply with the law and any increase will be minimal.
Department of Regulatory Agencies
Workload in the Division of Insurance in DORA will minimally increase to update request
processes for those policies that the division acts as a registered agent for, share requests with
the corresponding insurance carriers, and conduct outreach to carriers and policyholders about
compliance requirements. This workload can be accomplished within existing appropriations.
Effective Date
The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming
no referendum petition is filed, and applies to requests made on or after this date.
State and Local Government Contacts
Judicial Regulatory Agencies
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each fiscal
year. For additional information about fiscal notes, please visit the General Assembly website.