99BA73B13AB8A4C08725883800000345 Hearing Summary

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 Ownersâ 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

HB22-1387 - Referred to the Committee of the Whole

Colorado General Assembly