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HB24-1175 gives local governments the right of first refusal to buy existing affordable housing when a building or complex is up for sale < Back May 30, 2024 New Law Will Preserve Housing Coloradans Can Afford HB24-1175 gives local governments the right of first refusal to buy existing affordable housing when a building or complex is up for sale BROOMFIELD, CO - Governor Jared Polis today signed legislation into law to give local governments the right of first refusal to purchase existing subsidized housing and preserve Colorado’s limited affordable housing stock. “With rising rents pricing Coloradans out of their communities, local governments need additional tools to help them preserve existing affordable housing options that work for everyday Coloradans,” said Rep. Andrew Boesenecker, D-Fort Collins. “Our new law will allow local governments to purchase and preserve affordable housing properties that were made possible by the investment of public dollars. With this legislation, we can maintain and expand affordable housing options in our communities and ease Colorado’s housing crisis.” “Whether it’s Broomfield or Berthoud, housing is a top concern for Coloradans,” said Senate Assistant Majority Leader Faith Winter, D-Broomfield. “This year, we’re tackling Colorado’s housing crisis from all angles. By giving local governments an additional tool to preserve affordable housing stock, Coloradans will be better positioned to find housing options that fit their budget.” “Our law is one of many steps that Colorado Democrats are taking to combat housing instability and displacement,” said Rep. Emily Sirota, D-Denver. “We need a multi-faceted approach to address our affordable housing shortage, which is why we passed legislation to create new tools for local governments that keep existing affordable housing properties in the rental market.” “Colorado is in the midst of a housing crisis and we must do everything we can to help renters and homeowners,” said Senator Sonya Jaquez Lewis, D-Longmont. “By giving local governments the chance to make the first offer and create new affordable housing stock, we can ensure more Coloradans – especially lower income families – have an affordable place they can call home.” Many affordable housing buildings are sold and converted to higher priced market-rate units once the affordability restrictions expire. The right of first refusal gives local governments the right to purchase an existing affordable multi-family residential or mixed-use rental property with at least five units if they match any offers that the seller receives and continue to use the property for long-term affordable housing. Under HB24-1175 , owners would be required to notify local governments two years before affordability restrictions expire to allow time for governments to plan in case that property hits the market. For non-subsidized multifamily properties, the law gives local governments the right of first offer before the property is listed for sale. This applies to buildings more than 30 years old with 15 to 100 units. If interested, the local government must respond within seven days and may request additional information, with the seller having five days to comply and the local government another 14 days to make an offer. Accepted offers would lead to a 30-day negotiation period and a 60-day closing period. Previous Next

< Back July 8, 2021 COLORADO STARTUP LOAN PROGRAM, UTILITY ASSISTANCE BILLS BECOME LAW DENVER, CO– Governor Polis signed two bills to create a startup loan program for small businesses and to significantly boost low-income utility bill payment assistance across Colorado. “Small businesses have been the key to Colorado’s economic recovery in the wake of COVID-19,” said Rep. Monica Duran, D-Wheat Ridge, sponsor of HB21-1288. “By providing entrepreneurs with access to small business loans, we’re making a direct investment in sustainable economic growth for our state. Lack of access to capital shouldn’t be what stops a promising entrepreneur from turning a great idea into a job-creating business.” “The startup loan program we created will ensure that Colorado’s entrepreneurs have the access to financial products they need to get businesses off the ground, grow sustainably or restructure their existing businesses,” said Rep. Jennifer Bacon, D-Denver, sponsor of HB21-1288. “I’m particularly proud that this program will prioritize entrepreneurs who have faced historic and systemic barriers to accessing capital. This new law will help us create jobs, grow our economy more equitably, and ensure local economies can build back stronger.” To help fill the need created by COVID-19 related business closures, HB21-1288 provides $30 million in ongoing lending capital to entrepreneurs who face barriers to accessing traditional sources of capital and businesses wishing to restart or reorganize after facing pandemic related financial challenges. People of color have historically faced barriers to accessing the capital necessary to start a new business and have also faced a higher rate of business closures. “Families across Colorado are struggling to keep the lights on, and our current utility assistance system is not funded well enough to help every family in need,” said Rep. Chris Kennedy, D-Lakewood, sponsor of HB21-1105. “After today, Colorado will have a sustainable funding source for our direct assistance programs that will ensure the needs of our communities are met. There was a dire need to address this issue well before the pandemic began, and I’m very pleased we were able to take care of it this year.” HB21-1105 creates a sustainable funding source and expands eligibility for low-income assistance programs. The existing funding mechanism for low-income utility assistance is volatile and is not keeping up with the need in Colorado communities for direct assistance. Dozens of counties receive less than 50 percent of their requested energy assistance funds. While exempting low-income customers, the bill directs utilities to collect a $1 fee on electricity customers and a $1 fee on gas customers, which will be used to finance direct utility bill payment assistance and weatherization retrofits to low-income households. The bill also creates a mechanism for cross enrollment with the Supplemental Nutrition Assistance Program to maximize the number of eligible Colorado recipients. It also allows water utilities to voluntarily collect a charge to finance direct water utility assistance for low-income customers. Even before the pandemic hit, one in four Colorado households struggled to pay monthly utility bills. In the last year, Energy Outreach Colorado, which has received federal and state stimulus funding through recent legislation, paid $13 million in utility bills for 25,000 households, indicating the need for a sustainable funding source. Among the tens of thousands of recipients the energy assistance nonprofit serves are seniors, Coloradans with disabilities, and essential frontline workers. Previous Next

< Back February 17, 2022 BIPARTISAN LEGISLATION TO ADDRESS COLORADO’S RURAL TEACHER AND STAFF SHORTAGE PASSES COMMITTEE DENVER, CO – The House Education Committee today passed bipartisan legislation to address the critical school staff and teacher workforce shortage in rural Colorado by a vote of 8 to 1. HB22-1101, sponsored by Representatives Barbara McLachlan and Marc Catlin, would allow retirees to return to rural school districts experiencing a critical shortage of staff without a reduction to their PERA benefits. “This bipartisan legislation aims to boost our teacher workforce by allowing retired staff to return to the classroom in rural school districts experiencing a critical teacher shortage,” said Rep. Barbara McLachlan D-Durango. “We know our rural schools are also experiencing a workforce shortage that goes beyond the classroom which is why this bill extends provisions to paraprofessionals and school nurses. We’re making huge strides towards providing rural school districts with the resources they need to prepare their students for success and move Colorado forward.” If passed, HB22-1101 would continue a program currently set to expire next year that allows retired teachers, school bus drivers and food services workers to return to work without a reduction in their PERA benefits. This bill would make the program provisions permanent and allow qualified PERA retirees to return only to rural school districts experiencing a critical workforce shortage. Rural school districts are suffering from an extreme labor shortage that extends beyond the classroom. In addition to teachers, HB22-1101 would allow retired food service cooks, paraprofessionals, school nurses and school bus drivers to return to their rural school districts within two years of retirement. Previous Next

Youth mental health services program was set to expire this month < Back June 4, 2024 Bill to Extend I Matter Youth Mental Health Program Signed Into Law DENVER, CO – Governor Polis today signed legislation into law to continue the first-of-its-kind I Matter youth mental health program. I Matter connects K-12 students with a therapist for up to six free virtual counseling sessions, but the program was set to repeal on June 30th, 2024. Sponsored by Senators Dafna Michaelson Jenet, D-Commerce City, and Lisa Cutter, D-Jefferson County, and Representatives Kyle Brown, D-Louisville, and Manny Rutinel, D-Commerce City, SB24-001 continues the I Matter program for another ten years, ensuring Colorado students can continue receiving quality mental health care at no cost to them or their families. “The success of I Matter has been huge for Colorado students, and for the first time in a decade, youth suicide rates have declined - but we must do more to address the mental health crisis gripping our kids,” said Michaelson Jenet. “That is why making the I Matter program permanent is so important. This critical tool is a game changer, and I am thrilled to see this bill get signed into law so we can ensure Colorado students can access the free mental health care they need to thrive.” “With the signing of this bill, we’re ensuring our youth can continue to have access to no-cost therapy when they need it through the landmark I Matter Program,” said Brown . “Over the years, the I Matter Program has connected over 11,000 kids to therapeutic services for anxiety, depression, substance use disorders, and other mental health challenges. Programs like I Matter remove barriers to access and help our youth receive the behavioral and mental care they need.” “Far too many Colorado kids struggle with their mental health, and I Matter has been hugely beneficial in helping support them,” Cutter said. “By extending this successful program , we are doubling down on our commitment to addressing those needs, and ensuring that all of our kids get the mental health care they deserve, at no cost to them or their families.” “A child's access to mental health services shouldn't depend on their parent's income. By extending the I Matter Program, we’re doubling down on our commitment to ensure our youth can receive the behavioral and mental health care they need,” said Rutinel. “No-cost therapy breaks down access barriers for youth and their families. Since its introduction, the I Matter Program has provided more than 50,000 essential therapy sessions – this law continues this successful, important program to ensure we’re addressing the needs of our youth.” Launched after the pandemic by then-Representative Michaelson Jenet, I Matter has served 7,933 young people since 2021, and 5,024 have received three or more sessions. According to the Colorado 2023 Kids Count report , youth suicide in 2023 decreased 30 percent from the year before. Previous Next

Representative Meghan Lukens and House Assistant Majority Leader Jennifer Bacon today released the following statements on the Cell Phone Connectivity Interim Study Committee. < Back August 12, 2024 Cell Phone Connectivity Committee Explores Challenges and Opportunities DENVER, CO - Representative Meghan Lukens and House Assistant Majority Leader Jennifer Bacon today released the following statements on the Cell Phone Connectivity Interim Study Committee . The bipartisan interim committee is investigating cell phone connectivity issues in rural and historically underserved communities to craft legislation for the 2025 legislative session. Chair Meghan Lukens, D-Steamboat Springs: “Effective cell phone connectivity is essential for public safety, job growth, and quality of life in rural communities. This committee is hard at work digging deep into the root causes of connectivity issues in our state to address gaps in service, especially rural and mountainous communities. “During today’s meeting we engaged with industry experts, including a community panel, that outlined some of the struggles and challenges in underserved communities. As we develop ideas for legislation, I am committed to working toward a future where everyone in our state can confidently rely on their cell phone in an emergency.” Committee Member, Assistant Majority Leader Jennifer Bacon, D-Denver: “Cell phone connectivity provides peace of mind, yet for marginalized communities in both urban and rural areas, it has become increasingly difficult to rely on cell phones when you need them the most. We convened the Cell Phone Connectivity Interim Study Committee to take a hard look at the gaps in cell phone coverage in our state, including areas most affected by unreliable coverage and the impacts on Coloradans. “Solving connectivity issues will not happen overnight; however, committees like this one allow us to engage with industry experts and those most affected as we work toward crafting future legislation that sets Colorado on a path to more reliable cell phone connectivity.” Previous Next

Two laws to improve and secure access to housing will go into effect on Jan 1, 2024. HB23-1186 allows Coloradans to participate in eviction proceedings remotely, reducing the number of default evictions of tenants unable to participate in person. HB23-1184 expands property tax exemptions for nonprofit housing developers and helps increase Colorado’s affordable housing stock. < Back December 19, 2023 New Laws to Improve Access to Housing, Support Renters Go Into Effect DENVER, CO – Two laws to improve and secure access to housing will go into effect on Jan 1, 2024. HB23-1186 allows Coloradans to participate in eviction proceedings remotely, reducing the number of default evictions of tenants unable to participate in person. HB23-1184 expands property tax exemptions for nonprofit housing developers and helps increase Colorado’s affordable housing stock. HB23-1186, sponsored by Representatives Mandy Lindsay and Iman Jodeh and Senators Tony Exum and Sonya Jaquez Lewis, allows individuals in residential eviction cases to participate in county court proceedings remotely. “Under this law, Coloradans can attend their eviction hearings remotely, which will drastically reduce the number of no-show, default evictions and keep families housed,” said Rep. Mandy Lindsay, D-Aurora. “Whether it be unreliable transportation, inflexible work schedules, lack of child care, health conditions or something in between, there are many reasons why someone may not be able to attend their eviction proceedings in person. This important law will help vulnerable Coloradans retain their housing.” “Colorado is in the midst of a housing crisis, and it’s critical we do everything we can to alleviate it and keep folks housed,” said Sen. Sonya Jaquez Lewis, D-Longmon t. “There are lots of reasons someone may be forced to miss their eviction proceedings, including lack of transportation or child care or a sudden emergency - but that doesn’t mean they should be evicted. This new law will prevent no-shows, improve accessibility, and keep more Coloradans housed.” “Remote eviction proceedings will improve no-show rates and prevent the displacement of Coloradans who can least afford to lose their homes,” said Rep. Iman Jodeh, D-Aurora . “From lack of reliable child care to work obligations, we know these situational burdens disproportionately fall on low-income Coloradans. Through remote eviction hearings, we’re breaking down barriers to give more Coloradans a fair shot to avoid eviction and the cycles of poverty and economic instability that often follow.” “We’re working hard to make sure more Coloradans can find and stay in homes, and this new law to provide improved protections for folks facing evictions is a big step towards that goal,” said Sen. Tony Exum, Sr., D-Colorado Springs. “Breaking down barriers to participation in eviction proceedings will make it easier for Coloradans to defend themselves and avoid being evicted simply for not being able to attend a hearing.” Under this law, individuals must communicate with the courts 48 hours prior to their hearing if they would like to participate remotely or in-person. HB23-1186 aims to improve accessibility for attending eviction proceedings especially for those living in rural areas, Coloradans with disabilities and those with additional circumstances that make it difficult to take time off work. Data collected from courts in other states shows that by expanding ways to participate in eviction cases reduces “no-show” rates and improves court procedures. HB23-1186 is expected to decrease the number of Coloradans with a no-show default eviction by over 7,800. HB23-1184 , sponsored by Representatives William Lindstedt and Lisa Frizell and Senator Dylan Roberts, expands property tax exemptions to include more nonprofit organizations that build and sell affordable housing and increases the Area Median Income to qualify for this housing from 80% to 100% or 120% for rural resort communities. It also extends the exemption period from five years to ten years to better reflect the development timeline for larger affordable housing projects. The law creates a new property tax exemption for land owned by community land trusts and other nonprofit affordable homeownership providers that develop permanently affordable for-sale homes. This exemption only applies to the land and not the home. “Expensive land costs means it's more difficult for non-profit housing developers to secure land and begin building affordable housing that every community needs,” said Rep. William Lindstedt, D-Broomfield . “Our new law will expand property tax exemptions for non-profit affordable housing developers. Coloradans are counting on us to create more affordable housing options so our teachers, child care providers and health care workers can afford to stay in their communities, and this law is a step in the right direction.” “The cost of land is often the biggest barrier that keeps affordable housing projects from getting done, especially for nonprofit homebuilders who build housing for our state's workforce,” said Senator Dylan Roberts, D-Frisco . “This new law represents a huge step forward for nonprofit homebuilders and will make it easier for nonprofit developers to do what they do best: build more housing for working Coloradans so that families can afford to live in the communities they call home. Previous Next

< Back March 3, 2020 COMMITTEE PASSES BILL TO ENABLE MEDICAID MEMBERS TO PARTICIPATE IN CLINICAL TRIALS Legislation would require Medicaid to cover the additional health care services necessary for clinical trial participation DENVER, CO– The House Committee on Health and Insurance today passed bipartisan legislation sponsored by Representatives Dafna Michaelson Jenet and Larry Liston to facilitate participation in clinical trials for Medicaid members. HB20-1232 passed by a vote of 10-0. “We need the makeup of our clinical trials to reflect the makeup of our communities,” said Rep. Michaelson Jenet, D-Commerce City. “Not only will this bill ensure Colorado’s clinical trial data is more accurate and applicable to a broader population, it will go a long way towards guaranteeing health equity in our state. Ensuring that the more than one million Coloradans on Medicaid can participate in clinical trials is good for them, for their families, and for Colorado as a whole.” Clinical trials are often the only treatment available for some conditions, but under current law, Medicaid participants face nearly impossible barriers to participate. When patients participate in clinical trials, the drug manufacturers cover all of the costs of the treatment, but do not cover the costs of health services necessary to participate, such as laboratory tests or physician follow up visits. HB20-1232 allows Medicaid patients to have their routine costs of care covered while they are participating in a clinical trial. Both private insurers and Medicare are already required to cover these services, but Colorado law doesn’t specifically require Medicaid to cover them. Inclusion of diverse participants is necessary to gather appropriate clinical trial data, and enrollment in clinical trials is particularly low among racial and ethnic minority patients as well as rural patients who make up a large portion of Colorado’s Medicaid beneficiaries. Guaranteeing coverage when Medicaid patients choose to participate in trials will help encourage participation of these underrepresented groups and will help to establish equal access to care for all Coloradans. Previous Next

< Back May 5, 2022 COLORADO ELECTION SECURITY ACT ADVANCES GOP election conspiracy theories on full display as Republican lawmakers oppose bipartisan, common-sense measures to protect elections from insider threats DENVER, CO – The House today advanced the Colorado Election Security Act on a preliminary vote. “Colorado is taking steps to defend our elections from insider threats and “Big Lie” conspiracy theorists who have used their positions to jeopardize our elections,” said Rep. Susan Lontine, D-Denver. “Our gold standard elections system leads the way nationally when it comes to voter access and election security. This common sense legislation strengthens our elections system and will hold people accountable when they break the law and tamper with election equipment. It also bars anyone convicted of an election crime from overseeing our elections.” “Conservative leaders in the legislature used the debate on this bill to attack our election system and spread baseless and unproven conspiracy theories,” said Rep. Chris Kennedy, D-Lakewood , chair of the House State, Civic, Military and Veterans Committee that held the initial hearing on the bill. “It’s important to pass this common sense legislation, which is supported by the county clerks, to prevent insider threats and protect our democracy. It’s a shame that GOP lawmakers refuse to support this bill and have become too blinded by partisan rhetoric to see that this bill is simply common sense and should have their support.” SB22-153 , the Colorado Election Security Act, is sponsored by Representative Lontine. The bill will improve election security by, among other measures, prohibiting anyone from serving as an election official if they have been convicted of any election offense or any offense or conspiracy to commit sedition, insurrection, treason, or conspiracy to overthrow the government. Republicans ran an amendment that would allow county clerks to copy sensitive hard drives with voting information and provide them to whomever they wish–the exact actions Clerk Tina Peters has been accused of taking that led to her indictment. SB22-153 also prohibits election officials or candidates from physically tampering with voting equipment, and from having access to or being present in a room with voting equipment without being accompanied by one or more persons with authorized access. The Colorado Election Security Act further seeks to protect Colorado’s gold standard elections by improving training for clerks and election workers, and penalizes anyone who interferes with or obstructs the notification of a potential violation, or retaliates against someone providing notice. The bill also prohibits accessing electronic equipment or a reporting system without authorization, makes knowingly publishing passwords or other confidential information a class 5 felony, and directs the District and Supreme Courts to expedite scheduling and issuance of final rulings of any orders in connection with a violation of election code. Previous Next

< Back March 22, 2019 HOUSE HEALTH COMMITTEE APPROVES BUENTELLO BILL TO TACKLE OPIOID ADDICTION Buentello’s bill to help increase child care options in the state also on the move (Mar. 22) – The House Public Health and Human Services committee approved a bill sponsored by Rep. Bri Buentello, D-Pueblo, that would expand a Medication-assisted Treatment (MAT) pilot program that is currently only offered in Pueblo and Routt Counties. This expansion would add another ten counties across the state to the program. “This is a bill that is about saving lives and helping Coloradans who are struggling in the midsts of the opioid epidemic to get the treatment they need,” said Rep. Buentello. “Two years ago, the legislature created the pilot MAT program. We saw how well that program worked, so it’s time to expand this program to help those in Southern Colorado.” SB17-074 created a two year MAT expansion program through the University of Colorado’s College of Nursing to expand access to medication-assisted treatment to opioid-dependent patients. It also provided behavioral therapies in conjunction with medication as part of the provision. SB19-001 would expand the program to make it available to counties in Southern Colorado, including Alamosa, Conejos, Costilla, Custer, Huerfano, Mineral, Rio Grande, and Sagauche, and two additional counties who demonstrate a need. It also increases the appropriation for the pilot program to $5 million for the 2019-2020 and 2020-2021 fiscal years. Finally, it extends the program for another two years. The bill passed out of the House Public Health and Human Services committee by a bipartisan vote of 10-1. It now heads to the House Appropriations committee. Rep. Buentello’s other bill passed out of the House Public Health and Human Services committee, with Rep. Alex Valdez, D-Denver, as the co-prime. This bill requires consensus-based recommendations to the legislature and other boards and commissions to remedy the shortage of licensed, safe and affordable childcare options in the state. SB19-063 passed unanimously and now heads to House Appropriations committee. Previous Next

The House Transportation, Housing, & Local Government Committee today passed legislation to give local governments the right of first refusal and right of first offer to preserve Colorado’s affordable housing opportunities. < Back February 20, 2024 Bill to Preserve Housing Coloradans Can Afford Passes Committee DENVER, CO - The House Transportation, Housing, & Local Government Committee today passed legislation to give local governments the right of first refusal and right of first offer to preserve Colorado’s affordable housing opportunities. “Colorado Democrats are working to save Coloradans money on housing and address Colorado’s housing crisis not only by building more housing but also by maintaining affordable housing units that already exist and have benefitted from public investment,” said Rep. Andrew Boesenecker, D-Fort Collins. “Many Coloradans are struggling to keep up with rising housing costs, and losing affordable housing in the rental market only makes it more difficult for hardworking people to find a place to live. This bill is an important tool for local governments so they can preserve housing Coloradans can afford in our communities while ensuring sellers receive fair compensation for the sale of their property.” “With rental rates increasing much faster than income, the right of first refusal is crucial in protecting housing options that work for every Coloradan’s budget,” said Rep. Emily Sirota, D-Denver. “Our bill gives local governments the opportunity to buy affordable housing properties before private companies and hedge funds grab them, so we can prevent corporate greed from pricing Coloradans out of their communities and displacing our neighbors.” HB24-1175 , which passed by a vote of 8-3, would give local governments a right of first offer and a right of first refusal to preserve long-term affordable housing opportunities. The right of first offer gives local governments the right to make an offer to purchase a qualifying multi-family rental property before the property is listed for sale to other parties. In urban counties, a property qualifies under this bill if it is an existing affordable housing multi-family residential or mixed-use rental property with more than five and less than 100 units. In rural or rural resort counties, a property qualifies under this bill if it is an existing affordable housing property and has more than three and fewer than 100 units. Certain transactions of qualifying properties are exempt, and the right of first offer terminates on December 31, 2029. The right of first refusal gives local governments the right to purchase a multi-family residential or mixed-use rental property that is existing affordable housing if they match any offers that the seller receives and continue to use the property for long-term affordable housing. Previous Next

The House yesterday passed bipartisan legislation to allow Coloradans 72 years and older to opt out of jury duty. < Back May 1, 2025 ICYMI: Marshall’s Bill to Allow Older Coloradans to Opt Out of Jury Duty Passes House DENVER, CO – The House yesterday passed bipartisan legislation to allow Coloradans 72 years and older to opt out of jury duty. HB25-1065 passed the House by a vote of 50 to 14. “Under this bipartisan bill, older Coloradans can choose whether or not they want to serve on a jury,” said Rep. Bob Marshall, D-Highlands Ranch. “This bill aligns the opt-out age for jury duty with the retirement age for judges. The vast majority of states already allow older residents to opt out of jury duty temporarily or permanently, and this bill allows older Coloradans to choose what is right for them.” HB25-1065 would allow Coloradans aged 72 years and older to temporarily or permanently opt out of jury service. If signed into law, this bill would take effect on January 1, 2026. According to the Association for the Advancement of Retired Persons (AARP), 41 states offer an exemption from jury service based on age. The minimum age required to request an exemption from jury service ranges from 65 to 80 years old nationwide. Previous Next

< Back January 26, 2023 Water Efficiency and Resiliency Bill Passes Committee DENVER, CO – The House Energy and Environment Committee today passed legislation to help commercial property owners better finance water and energy efficiency improvements, and increase property resilience. “We’re working to improve an already successful energy efficiency program so more commercial properties in Colorado can save money, on energy, and water,” said Rep. Jenny Willford, D-Northglenn. “Our bill expands the C-PACE program to help commercial properties cut down on their energy and water usage, and invest in resilient infrastructure in the face of more frequent and severe weather events caused by climate change. By expanding this favorable financing mechanism we empower building owners to modernize their infrastructure, increase renewable energy deployment and help create good paying jobs.” “We’re committed to preserving and protecting Colorado’s environmental resources, especially water, and our bill makes improvements to the C-PACE program so commercial businesses can improve their resilience and water efficiency,” said Rep. Brianna Titone, D-Arvada. “We know many commercial properties want to make water and energy efficiency upgrades, and our bill makes the process easier so businesses can begin their energy efficiency improvements sooner.” HB23-1005 passed committee by a vote of 8-3 and is part of the Colorado House Democrats' first five bills. HB23-1005 would protect Colorado's environment and preserve water resources by expanding project eligibility and streamlining the approval process so more commercial properties in Colorado can take advantage of Colorado Commercial Property Assessed Clean Energy (C-PACE’s) financing program for eco-friendly property upgrades and investments. The C-PACE program allows certain commercial and industrial buildings to finance energy improvement projects through a voluntary property tax assessment that is repaid over a 25-year term. Since 2016, the program has helped finance 116 different projects across the state, totaling almost $250 million in investments. Previous Next