a43f31b272
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
94 lines
8.2 KiB
Markdown
94 lines
8.2 KiB
Markdown
---
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type: "Bill"
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title: "Protect Financial Condition of Homeowners Associations"
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description: "The act requires the declarant of a new planned community or condominium, prior to transfer of control from the declarant to the association of a planned community or condominium, to obtain and pay for a reserve study for the planned community or condominium. The study must estimate the projected costs of maintaining, repairing, or replacing the common elements or property of the planned community or condominium over a 30-year period. The reserve study must be conducted by an independent reserve study professional or other qualified professional with knowledge of industry standards and that has no business relationship with or financial interest in the declarant and is not a affiliate of the declarant. When an association, other than a self-managed association, changes association management companies, the former association management company shall, within 45 days, deliver to the new association management company or the association, at no charge to the association, all association property, records, money, accounts, information, and other items or information specified in the act (property and records). Unless otherwise agreed in writing, the former association management company shall pay the association $250 for each business day that it fails to timely return the association's property and records and is liable for all interest and late fees on late payments made by the association due to the former association management company's failure to turn over the property and records, as well as any other damages incurred by the association. In a civil action to recover the property and records or the payments owed to the association for the former association management company's failure to turn over the property and records, if the court finds that the former association management company's violation was willful, the former association management company shall be liable for treble the association's actual damages, plus reasonable attorney fees and court costs.(Note: This summary applies to this bill as enacted.)"
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jurisdiction: "us/states/co"
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legislature: "Colorado General Assembly"
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session: "2026A"
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identifier: "HB 1099"
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citation: "Colorado HB 1099 (2026A)"
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classification: ["bill"]
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subjects: ["Housing"]
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status: "enacted"
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primary_sponsors: ["B. Titone", "C. Kolker", "J. Marchman", "K. Nguyen"]
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version_count: 7
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action_count: 15
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vote_count: 4
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first_action: "2026-02-03"
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last_action: "2026-04-13"
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source: "openstates"
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source_identifier: "ocd-bill/d37395bf-8753-43cf-80aa-2bd467f34b61"
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source_url: "https://leg.colorado.gov/bills/HB26-1099"
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source_hash: "e288e9def7c725bdef96bce5917def2c730db497475d2a0815b21b5bdd6abeb4"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-co"]
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---
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# Colorado HB 1099 (2026A) — Protect Financial Condition of Homeowners Associations
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The act requires the declarant of a new planned community or condominium, prior to transfer of control from the declarant to the association of a planned community or condominium, to obtain and pay for a reserve study for the planned community or condominium. The study must estimate the projected costs of maintaining, repairing, or replacing the common elements or property of the planned community or condominium over a 30-year period. The reserve study must be conducted by an independent reserve study professional or other qualified professional with knowledge of industry standards and that has no business relationship with or financial interest in the declarant and is not a affiliate of the declarant. When an association, other than a self-managed association, changes association management companies, the former association management company shall, within 45 days, deliver to the new association management company or the association, at no charge to the association, all association property, records, money, accounts, information, and other items or information specified in the act (property and records). Unless otherwise agreed in writing, the former association management company shall pay the association $250 for each business day that it fails to timely return the association's property and records and is liable for all interest and late fees on late payments made by the association due to the former association management company's failure to turn over the property and records, as well as any other damages incurred by the association. In a civil action to recover the property and records or the payments owed to the association for the former association management company's failure to turn over the property and records, if the court finds that the former association management company's violation was willful, the former association management company shall be liable for treble the association's actual damages, plus reasonable attorney fees and court costs.(Note: This summary applies to this bill as enacted.)
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://leg.colorado.gov/bill_files/111205/download)
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2. **Engrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/112552/download)
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3. **Final Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/113856/download)
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4. **Reengrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/112648/download)
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5. **Rerevised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/113704/download)
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6. **Revised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/113655/download)
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7. **Signed Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114514/download)
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## Votes
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- Refer House Bill 26-1099 to the Committee of the Whole. — **pass** (pass) · upper
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- Adopt amendment L.002 (Attachment D) — **pass** (pass) · lower
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- BILL — **pass** (pass) · lower
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- Refer House Bill 26-1099, as amended, to the Committee of the Whole. — **pass** (pass) · lower
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## Sponsors
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- B. Titone — primary (person)
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- C. Kolker — primary (person)
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- J. Marchman — primary (person)
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- K. Nguyen — primary (person)
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- C. Kipp — cosponsor (person)
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- I. Jodeh — cosponsor (person)
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- J. Bacon — cosponsor (person)
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- J. Coleman — cosponsor (person)
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- J. Gonzales — cosponsor (person)
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- J. Joseph — cosponsor (person)
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- M. Lindsay — cosponsor (person)
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- M. Weissman — cosponsor (person)
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- T. Exum — cosponsor (person)
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- T. Sullivan — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-04-13** Governor Signed `executive-signature`
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- **2026-04-02** Sent to the Governor `executive-receipt`
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- **2026-04-01** Signed by the President of the Senate `passage`
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- **2026-04-01** Signed by the Speaker of the House `passage`
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- **2026-03-25** Senate Third Reading Passed - No Amendments `passage, reading-3`
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- **2026-03-24** Senate Second Reading Passed - No Amendments `reading-2`
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- **2026-03-19** Senate Committee on Local Government & Housing Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
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- **2026-03-03** Introduced In Senate - Assigned to Local Government & Housing `introduction`
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- **2026-02-26** House Third Reading Passed - No Amendments `passage, reading-3`
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- **2026-02-25** House Third Reading Laid Over Daily - No Amendments
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- **2026-02-24** House Second Reading Special Order - Passed with Amendments - Committee
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- **2026-02-24** House Committee of the Whole Amendment - Change from Passed to Lost
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- **2026-02-23** House Second Reading Laid Over Daily - No Amendments
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- **2026-02-18** House Committee on Transportation, Housing & Local Government Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
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- **2026-02-03** Introduced In House - Assigned to Transportation, Housing & Local Government `introduction`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d37395bf-8753-43cf-80aa-2bd467f34b61`. Confidence: reported (aggregated from official Colorado legislature records).
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