republic-os/legislation/us/states/co/2023a/hb-23-1266.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Reverse Mortgage Repayment When Home Uninhabitable	Under current law, the borrower in a reverse mortgage transaction is relieved of the obligation to occupy the subject property as a principal residence (principal-residence requirement) if the borrower is temporarily absent for up to 60 days or, if the property is adequately secured, for up to one year. The act adds a third exception to the principal-residence requirement to cover situations in which a natural disaster or other serious incident beyond the borrower's control (force majeure) renders the property uninhabitable, in which case the reverse mortgage does not become due and payable if:	us/states/co	Colorado General Assembly	2023A	HB 23-1266	Colorado HB 23-1266 (2023A)	bill		enacted	Janet Buckner Kyle Brown Naquetta Ricks Sonya Jaquez Lewis	9	14	2	2023-03-27T06:00:00+00:00	2023-06-07T06:00:00+00:00	openstates	ocd-bill/bdc731ed-f1ae-4fc4-a895-1d026255e904	https://leg.colorado.gov/bills/hb23-1266	85b549a4bd51f1626085a01f4e194a7a4c36fc46eb711ae0f121eb77cf30a49f	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-co

Colorado HB 23-1266 (2023A) — Reverse Mortgage Repayment When Home Uninhabitable

Under current law, the borrower in a reverse mortgage transaction is relieved of the obligation to occupy the subject property as a principal residence (principal-residence requirement) if the borrower is temporarily absent for up to 60 days or, if the property is adequately secured, for up to one year. The act adds a third exception to the principal-residence requirement to cover situations in which a natural disaster or other serious incident beyond the borrower's control (force majeure) renders the property uninhabitable, in which case the reverse mortgage does not become due and payable if:

Version chain

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

1. Committee Amendment (committee substitute) — source
2. Engrossed (04/14/2023) (committee substitute) — source
3. Final Act (05/05/2023) (committee substitute) — source
4. Introduced (03/27/2023) (committee substitute) — source
5. PA1 (04/12/2023) (committee substitute) — source
6. Reengrossed (04/17/2023) (committee substitute) — source
7. Rerevised (04/27/2023) (committee substitute) — source
8. Revised (04/26/2023) (committee substitute) — source
9. Signed Act (06/07/2023) (committee substitute) — source

Votes

• BILL — 30–5 (pass) · upper
• BILL — 46–19 (pass) · lower

Sponsors

• Janet Buckner — primary (person)
• Kyle Brown — primary (person)
• Naquetta Ricks — primary (person)
• Sonya Jaquez Lewis — primary (person)

Timeline

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

• 2023-06-07T06:00:00+00:00 Governor Signed executive-signature
• 2023-05-05T06:00:00+00:00 Sent to the Governor executive-receipt
• 2023-05-05T06:00:00+00:00 Signed by the President of the Senate
• 2023-05-04T06:00:00+00:00 Signed by the Speaker of the House
• 2023-04-27T06:00:00+00:00 Senate Third Reading Passed - No Amendments passage, reading-3
• 2023-04-26T06:00:00+00:00 Senate Second Reading Passed - No Amendments reading-2
• 2023-04-24T06:00:00+00:00 Senate Second Reading Laid Over Daily - No Amendments
• 2023-04-20T06:00:00+00:00 Senate Committee on Local Government & Housing Refer Unamended to Senate Committee of the Whole committee-passage, referral-committee
• 2023-04-18T06:00:00+00:00 Introduced In Senate - Assigned to Local Government & Housing introduction
• 2023-04-17T06:00:00+00:00 House Third Reading Passed - No Amendments passage, reading-3
• 2023-04-15T06:00:00+00:00 House Third Reading Laid Over Daily - No Amendments
• 2023-04-14T06:00:00+00:00 House Second Reading Special Order - Passed with Amendments - Committee, Floor
• 2023-04-11T06:00:00+00:00 House Committee on Transportation, Housing & Local Government Refer Amended to House Committee of the Whole committee-passage, referral-committee
• 2023-03-27T06:00:00+00:00 Introduced In House - Assigned to Transportation, Housing & Local Government introduction

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bdc731ed-f1ae-4fc4-a895-1d026255e904. Confidence: reported (aggregated from official Colorado legislature records).