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First Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For HB22-1387

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date May 3, 2022       Location Old Supreme Court

HB22-1387 - Referred to the Committee of the Whole
06:00:11 PM  
Senator Fields and Senator Priola, bill sponsors, presented House Bill 22-1387. The bill requires Home Owners’ Associations to conduct studies of reserve funds and establishes parameters for different levels of study, time frames for conducting or updating studies, and limitations on how reserve funds may be invested.

The bill sponsors responded to committee questions.  
06:21:54 PM  
Senator Coleman proceeded with witness testimony on the bill.
06:24:17 PM  
Ed Shackelford, representing self, testified in opposition to the bill. Buck Bailey, representing self, was available to answer committee questions.
06:29:13 PM  
Edward Schoenheit, representing Ridgeview at Stetson Hills Master Homeowner Association, testified to amend the bill.
06:32:03 PM  
Committee members commented on the bill. The bill sponsors responded to committee questions.
06:37:42 PM  
The committee recessed.
06:44:31 PM  
The committee came back to order.
06:44:46 PM  
Brita Darling, Office of Legislative Legal Services, responded to committee questions. The bill sponsors commented.

06:51:52 PM
 Motion Refer House Bill 22-1387 to the Committee of the Whole.
Moved Jaquez Lewis
Seconded
Buckner Yes
Simpson No
Sonnenberg Excused
Jaquez Lewis Yes
Coleman Yes
Final YES: 3   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS