First Regular Session Seventy-fifth General Assembly STATE OF COLORADO REENGROSSED This Version Includes All Amendments Adopted in the House of Introduction LLS NO. 25-0409.01 Brita Darling x2241 SENATE BILL 25-184 Senate Committees House Committees Local Government & Housing Appropriations A BILL FOR AN ACT C ONCERNING THE CONTINUATION OF THE HOA INFORMATION AND101 RESOURCE CENTER , AND, IN CONNECTION THEREWITH ,102 IMPLEMENTING THE RECOMMENDAT IONS CONTAINED IN THE103 2024 SUNSET REPORT BY THE DEPARTMENT OF REGULATORY104 AGENCIES.105 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/ .) Sunset Process - Senate Local Government and Housing Committee. The bill implements the recommendations of the department SENATE 3rd Reading Unamended March 31, 2025 SENATE 2nd Reading Unamended March 28, 2025 SENATE SPONSORSHIP Cutter and Weissman, Wallace HOUSE SPONSORSHIP Ricks, Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. of regulatory agencies (department) in its sunset review and report on the HOA information and resource center (center). The center is scheduled to repeal on September 1, 2025. The bill: ! Continues the center until September 1, 2038; ! Clarifies that the director of the division of real estate in the department is the appointing authority for the HOA information officer who is the head of the center; and ! Makes a technical change to refer to the HOA information officer by title, rather than by "he or she", to reflect gender-neutral language in statute. Be it enacted by the General Assembly of the State of Colorado:1 SECTION 1. In Colorado Revised Statutes, 24-34-104, repeal2 (26)(a)(IX); and add (39) as follows:3 24-34-104. General assembly review of regulatory agencies4 and functions for repeal, continuation, or reestablishment - legislative5 declaration - repeal. (26) (a) The following agencies, functions, or both,6 are scheduled for repeal on September 1, 2025:7 (IX) The HOA information and resource center created in section 8 12-10-801;9 (39) (a) T HE FOLLOWING AGENCIES, FUNCTIONS, OR BOTH, ARE10 SCHEDULED FOR REPEAL ON SEPTEMBER 1, 2038:11 (I) T HE HOA INFORMATION AND RESOURCE CENTER CREATED IN12 SECTION 12-10-801.13 (b) T HIS SUBSECTION (39) IS REPEALED, EFFECTIVE SEPTEMBER 1,14 2040.15 SECTION 2. In Colorado Revised Statutes, 12-10-801, amend16 (1), (2), (3)(b)(I), and (6) as follows:17 12-10-801. HOA information and resource center - creation -18 duties - rules - subject to review - repeal. (1) There is hereby created,19 184-2- within the division, the HOA information and resource center, the head1 of which shall be IS the HOA information officer. The HOA information2 officer shall be appointed by the executive director pursuant to section 133 of article XII of the state constitution DIRECTOR.4 (2) The HOA information officer shall be familiar with the5 "Colorado Common Interest Ownership Act", article 33.3 of title 38, also6 referred to in this section as the "act". No THE DIRECTOR SHALL NOT7 APPOINT AS THE HOA INFORMATION OFFICER A person who is or, within8 the immediately preceding ten years, has been licensed by or registered9 with the division or who owns stocks, bonds, or any pecuniary interest in10 a corporation subject in whole or in part to regulation by the division.11 shall be appointed as HOA information officer. In addition, in conducting12 the search for an appointee, the executive director DIRECTOR shall place13 a high premium on candidates who are balanced, independent, unbiased,14 and without any current financial ties to an HOA board or board member15 or to any A person or entity that provides HOA management services.16 After being appointed, the HOA information officer shall refrain from17 engaging in any conduct or relationship RELATIONSHIPS that would create18 a conflict of interest or the appearance of a conflict of interest.19 (3) (b) The HOA information officer may:20 (I) Employ one or more assistants as may be necessary to carry out21 his or her THE HOA INFORMATION OFFICER'S duties; and22 (6) This section is repealed, effective September 1, 202523 S EPTEMBER 1, 2038. Before the repeal, the HOA information and resource24 center and the HOA information officer's powers and duties under this25 section are scheduled for review in accordance with section 24-34-104.26 SECTION 3. Safety clause. The general assembly finds,27 184 -3- determines, and declares that this act is necessary for the immediate1 preservation of the public peace, health, or safety or for appropriations for2 the support and maintenance of the departments of the state and state3 institutions.4 184 -4-