Loading chat...
CO HB1214
Bill
Status
6/24/2020
Primary Sponsor
Marc Snyder
Click for details
AI Summary
-
Extends the repeal date of statutes governing home warranty service contracts from July 1, 2020 to September 1, 2026.
-
Adds home warranty service contract regulations to the list of agencies and functions scheduled for legislative review and repeal under section 24-34-104.
-
Clarifies that lending institutions cannot require purchase of a "home warranty service contract" as a condition for granting home financing, changing the terminology from "home warranty insurance."
-
Implements recommendations from the 2019 sunset report by the Department of Regulatory Agencies.
-
Declares the act necessary for immediate preservation of public peace, health, or safety.
Legislative Description
Sunset Home Warranty Service Contracts
Business & Economic Development
Last Action
Governor Signed
6/24/2020