CO HB1315

Directs the Division of Insurance to conduct a study evaluating methods for inspecting, testing, and remediating residential premises damaged by smoke, soot, ash, and other fire contaminants.

Requires the study to include recommendations for establishing uniform standards for remediation and consider how those standards impact the cost and availability of homeowners insurance.

Study must examine existing practices, relevant industry standards (including Institute of Inspection Cleaning and Restoration Certification standards), indoor air quality health standards, and insurance policy coverage for fire-related damage.

Mandates the Division engage with stakeholders including homeowners, insurance companies, public health experts, industrial hygienists, remediation contractors, and consumer advocacy organizations.

Appropriates $219,909 to the Division of Insurance for the 2024-25 fiscal year with a report due by January 1, 2026; the study authorization repeals on December 31, 2027.