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PUBLIC
BILL SUMMARY For HB24-1094

SENATE COMMITTEE ON LOCAL GOVERNMENT & HOUSING
Date Apr 11, 2024       Location SCR 352

HB24-1094 - Referred to the Committee of the Whole - Consent Calendar


11:36:16 AM  
Senators Roberts and Will, prime sponsors, introduced and explained House Bill 24-1094. The bill requires subdivision developers to hold earnest money in a third party trust unless it was received from an accredited investor.
11:38:59 AM  
Bart Johnson, representing themself, testified in support of the bill.
11:43:27 AM  
The bill sponsors made closing comments.

11:44:31 AM
Motion Refer House Bill 24-1094 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Roberts
Seconded
Jaquez Lewis Yes
Pelton B. Yes
Pelton R. Yes
Rich Yes
Roberts Yes
Gonzales Yes
Exum Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS