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Bill Summary for Bill Number HB17-1363 Date: 05/08/2017
Location: SCR 357
Final
BILL SUMMARY for HB17-1363

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer House Bill 17-1363 to the Committee of the W PASS



03:39 PM -- HB17-1363

Senator Martinez Humenik, presented House Bill 17-1363. Under current law, property owners that participate in the Colorado Property Assessed Clean Energy (PACE) program must inform title insurance companies of the new assessment. The New Energy Impact District (NEID), which manages the program, must hold a hearing to notify lien holders of the special assessment. The bill exempts property owners from the title commitment and hearing requirements if the owner is not seeking to subordinate the priority of existing liens when using the PACE program.

03:44 PM --
Steve Bachar, representing Renovate America, testified in support of the bill.
BILL: HB17-1363
TIME: 03:46:23 PM
MOVED: Hill
MOTION: Refer House Bill 17-1363 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kagan
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS