Loading chat...

CO SB092

Bill

Status

Failed

2/29/2024

Primary Sponsor

Byron Pelton

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Requires any energy code provision adopted by Colorado counties or municipalities on or after January 1, 2026, to be cost effective based on an incremental multi-year analysis.

  • Defines "cost effective" as when economic benefits exceed economic costs, measured from the perspective of a typical first-time home buyer over a 10-year period.

  • Mandates analysis assumptions not exceed general inflation rates for fuel prices and ensure qualified buyers remain qualified after adding energy saving construction costs.

  • Requires total costs of principal, interest, taxes, insurance, and utilities not increase after inclusion of proposed energy efficiency construction features compared to existing standards.

  • Applies cost effectiveness requirement to both county and municipal energy codes, preventing amendments from changing this requirement despite local condition adjustments.

Legislative Description

Cost Effective Energy Codes

Local Government

Last Action

Senate Committee on Local Government & Housing Postpone Indefinitely

2/29/2024

Committee Referrals

Local Government & Housing1/24/2024

Full Bill Text

No bill text available