---
type: "Bill"
title: "Developer Subdivision Reservation Deposits"
description: "Before transferring or negotiating to transfer any subdivision or part of a subdivision, a developer is required to apply for registration with the real estate commission (commission). Current law requires that, with permission from the commission, any reservation fees that a developer receives from prospective purchasers while the developer's registration application is pending must be held in trust by a third party and be fully refundable."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2024A"
identifier: "HB 24-1094"
citation: "Colorado HB 24-1094 (2024A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Dylan Roberts", "Matt Soper", "Meghan Lukens", "Perry Will"]
version_count: 9
action_count: 12
vote_count: 2
first_action: "2024-01-24T07:00:00+00:00"
last_action: "2024-05-28T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/4cdc4f5a-4896-468e-99db-b37a6af8014c"
source_url: "https://leg.colorado.gov/bills/hb24-1094"
source_hash: "d03c105f55f8d68833bd6e6d079cd00cc60a7be3a22b6aa1789f70ffaf2fee5b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 24-1094 (2024A) — Developer Subdivision Reservation Deposits

Before transferring or negotiating to transfer any subdivision or part of a subdivision, a developer is required to apply for registration with the real estate commission (commission). Current law requires that, with permission from the commission, any reservation fees that a developer receives from prospective purchasers while the developer's registration application is pending must be held in trust by a third party and be fully refundable.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2024a_hb1094_s_lgh_001.pdf)
2. **Engrossed (02/16/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_eng.pdf)
3. **Final Act (05/15/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_enr.pdf)
4. **Introduced (01/24/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_01.pdf)
5. **PA1 (02/16/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_h_bus_01.pdf)
6. **Reengrossed (02/20/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_ren.pdf)
7. **Rerevised (04/17/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_rer.pdf)
8. **Revised (04/16/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1094_rev.pdf)
9. **Signed Act (05/28/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2024a_1094_signed.pdf)

## Votes

- BILL — **31–0** (pass) · upper
- BILL — **52–5** (pass) · lower

## Sponsors

- Dylan Roberts — primary (person)
- Matt Soper — primary (person)
- Meghan Lukens — primary (person)
- Perry Will — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-05-28T06:00:00+00:00** Governor Signed `executive-signature`
- **2024-05-15T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2024-05-15T06:00:00+00:00** Signed by the President of the Senate
- **2024-05-15T06:00:00+00:00** Signed by the Speaker of the House
- **2024-04-17T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2024-04-16T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2024-04-11T06:00:00+00:00** Senate Committee on Local Government & Housing Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2024-02-23T07:00:00+00:00** Introduced In Senate - Assigned to Local Government & Housing `introduction`
- **2024-02-20T07:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2024-02-16T07:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee
- **2024-02-15T07:00:00+00:00** House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
- **2024-01-24T07:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4cdc4f5a-4896-468e-99db-b37a6af8014c`. Confidence: reported (aggregated from official Colorado legislature records).