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Originally Posted by Sam Hill
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It was sent to the kill committee yesterday.
Colorado construction-defects reform centerpiece assigned to 'kill committee'
There's still some hope
something could pass, but somehow I doubt it.
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Wist said, however, that he and Rep. Alec Garnett, D-Denver, are working on a pared-down bill on the topic for which Duran has signaled support at least at the big-picture idea stage.
That measure would require a majority vote of condominium owners and would require that owners be informed of both the positive and negative consequences of a lawsuit before any legal action is filed. It does not address alternative dispute resolution, which has been the main sticking point for Duran.
It is similar to Senate Bill 157, a bill from Democratic Sen. Angela Williams that was killed by a Republican-led Senate committee on Monday, except that it does not bar developers from talking with condo owners during the period in which they are voting to move forward with any legal action. Passing that and another currently stalled bill that seeks to reduce insurance costs for developers still would constitute substantial reform, he added.
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