623C8972EE05A0708725896B0081CFA7 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For SB23-077HOUSE COMMITTEE ON TRANSPORTATION, HOUSING & LOCAL GOVERNMENTDate Mar 7, 2023 Location LSB A SB23-077 - Referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/008F5B7719B6...$File/AttachmentGSB23-077PublicComments.pdf?OpenElement 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