HB15-1343 Passed from Business Affairs
You may recall, the first bill I introduced in January, HB15-1040, was an attempt to reduce the licensing requirements for Home Owners Association (HOA) mangers that was mandated 2 years ago under HB13-1277. Our attempt was to exempt HOAs with fewer than 20 properties and reduce the number of licenses that would be required for one HOA management company. We were also trying to reduce the requirement for people such as accountants, that did some HOA work, to be licensed. That bill was killed in State Affairs on a 6/5 vote in January.
I am happy to report that HB15-1343, which I am cosponsoring with Representative Angela Williams, was passed out of Business Committee today. HB15-1343 addresses two out of the three issues. It exempts from licensure CEO’s that are not directly managing HOAs. And it exempts clerical, accounting, maintenance and other staff within those companies. Thus, a company doing HOA management need only license the manager directly in charge. It also exempts independent contractor that are not directly engaged in management of the HOA.
What it does not accomplish is to exempt even the smallest HOAs for the license rules. I still think this should be done. But I am learning that in this job, if you reach some of your goals, you should accept that and maybe try again next year.
HB15-1343 must still go to appropriations committee and then go to the floor. I am cautiously optimistic that it will become law.