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HB21-1134

Report Tenant Rent Payment Information To Credit Agencies

Concerning facilitating the reporting of tenants' rent payment information to consumer reporting agencies at the tenants' request.
Session:
2021 Regular Session
Subject:
Housing
Bill Summary

The bill creates the tenants' rent payment information pilot program (pilot program) and directs the Colorado housing and finance authority (authority) to contract with a third party to administer the pilot program in accordance with rules promulgated by the authority.

The administrator shall recruit no more than 10 landlords to participate in the pilot program. A tenant may participate in the pilot program only if the tenant elects to participate and completes a financial education course.

On or before January 1, 2024, the authority, in consultation with the administrator, shall submit to applicable legislative committees of reference a report concerning the pilot program.

The pilot program is repealed, effective June 1, 2024.


(Note: This summary applies to this bill as introduced.)

Status

Introduced
Under Consideration

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. M. Bradfield, Rep. N. Ricks
Sen. J. Bridges

Sponsor

Rep. J. Bacon

Co-sponsor