Construction defects bill introduced

Reforming Colorado's construction defects laws in order to incentivize the building of condominiums and townhomes has emerged as a priority for both Republicans and Democrats early in the legislative session.

State Senate President Kevin Grantham, R-Canon City, and House Speaker Crisanta Duran, D-Denver, are prime sponsors of a bill tackling the issue, with co-sponsorship from House Assistant Minority Leader Cole Wist, R-Centennial, and Sen. Angela Williams, D-Denver.

“This is the first step in a multi-tier process to help Coloradans attain a home of their own, and I am pleased to be a part of this critical legislation,” Wist said in a statement.

Senate Bill 17-045 was introduced Jan. 11, the first day of the session, and has been assigned to the senate Business, Labor and Technology Committee. It targets insurance rates.

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