SB 25-184
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
SB 25-184: SUNSET HOA INFORMATION & RESOURC E CENTER
Prime Sponsors:
Sen. Cutter; Weissman
Rep. Ricks
Published for: Senate Local Govt. & Housing
Drafting number: LLS 25-0409
Fiscal Analyst:
Clayton Mayfield, 303-866-5851
clayton.mayfield@coleg.gov
Version: Initial Fiscal Note
Date: March 3, 2025
Fiscal note status: The fiscal note reflects the introduced bill.
Summary Information
Overview. The bill continues the HOA Information and Resource Center, which is scheduled to repeal on
September 1, 2025. The program is continued through September 1, 2038.
Sunset bill. The bill only has impacts from continuing an existing program scheduled to repeal, which will
extend existing fiscal impacts through FY 2038-39 in the following areas:
State Revenue State Expenditures
Appropriations. No appropriation is required
Table 1
Continuation of Current State Fiscal Impacts
Type of Impact
1
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue (Cash Funds) $0 $220,000
State Expenditures (Cash Funds) $0 $220,000
Transferred Funds $0 $0
Change in TABOR Refunds $0 $220,000
Change in State FTE 0.0 FTE 2.0 FTE
1
These impacts result from continuing a program scheduled to repeal and reflect the extension of
current revenue and spending levels. Page 2
March 3, 2025 SB 25-184
Summary of Legislation
The bill continues the HOA Information and Resource Center in the Department of Regulatory
Agencies (DORA) for 13 years, extending the program’s repeal date from September 1, 2025, to
September 1, 2038. The bill also makes two technical, clarifying changes.
Continuing Program Impacts
Based on the Sunset Review for the program, DORA is expected to have annual revenue and
expenditures of about $220,000 to administer the HOA Information and Resource Center. If this
bill is enacted, current revenue and expenditures will continue for the program starting in
FY 2026-27. This continuing revenue is subject to the state TABOR limits.
If this bill is not enacted, the program will end one year after its repeal date on
September 1, 2026, following a wind-down period. If allowed to repeal, state revenue and
expenditures will decrease starting in FY 2026-27 by the amounts shown in Table 1.
Effective Date
The bill takes effect upon signature of the Governor, or upon becoming law without his
signature.
State and Local Government Contacts
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.