BC6929B286CFF67F87258AFC0060AD0D Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1094SENATE COMMITTEE ON LOCAL GOVERNMENT & HOUSINGDate 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