623C8972EE05A0708725896B0081CFA7 Hearing Summary

PUBLIC
BILL SUMMARY For SB23-077

HOUSE COMMITTEE ON TRANSPORTATION, HOUSING & LOCAL GOVERNMENT
Date Mar 7, 2023
Location LSB A

SB23-077 - Referred to the Committee of the Whole

Attachment Tag

File Name

Attachment

AttachmentGSB23-077PublicComments.pdf

04:37:55 PM

Representative Froelich,
prime sponsor, introduced Senate Bill 23-077 concerning prohibiting certain
terms in broker engagement contracts for the sale of a residence. The
bill proposes excluding from these contracts covenants running with the
land; an assignment of the right to provide service without notice; or
a recordable lien, encumbrance, or other real property security interest.

04:40:18 PM

Zach Chicoine, representing
Colorado Association of Realtors, testified in support of the bill. Jason
Hopfer, representing Colorado Association of Realtors, testified in support
of the bill. Mrs. Marcia Waters, representing Department of Regulatory
Agencies - Division of Real Estate, testified in support of the bill. Brian
Phillips, representing Land Title Association of Colorado, testified in
support of the bill. Uploaded public comments are included as Attachment
G.

04:49:24 PM

The witness panel responded to questions from committee members.

04:53:12 PM

The bill sponsor made closing remarks.

04:55:10 PM	Motion	Refer Senate Bill 23-077 to the Committee of the Whole.
	Moved	Froelich
	Seconded	Lindstedt

	Boesenecker	Yes
	Catlin	Yes
	Dickson	Yes
	Lindsay	Yes
	Mabrey	Yes
	Mauro	Yes
	Parenti	Yes
	Taggart	Yes
	Vigil	Yes
	Wilson	Yes
	Winter T.	Yes
	Lindstedt	Yes
	Froelich	Yes
	Final	YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB23-077 - Referred to the Committee of the Whole

Colorado General Assembly