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HB 23-1115 CO
Passed One Chamber

Repeal Prohibition Local Residential Rent Control

CO · session 2023A · Assembly / House · bill

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Introduced Jan 23, 2023

Latest action (Apr 25, 2023) Introduced In House - Assigned to Transportation, Housing & Local Government

Summary

The bill repeals statutory provisions prohibiting counties and municipalities from enacting any ordinance or resolution that would control rent on private residential property or a private residential housing unit (rent control) and sets the following guidelines for the enactment of rent control: Rent control must be uniformly applied among all renters that are similarly situated; Rent control must be uniformly applied among all private residential properties and private residential housing units that are similarly situated; except that: For 15 years from the date on which the first certificate of occupancy was issued, no rent control may be applied; Rent control may be applied to a mobile home or mobile home park regardless of the date the mobile home or mobile home park was built or the date a certificate of occupancy was issued; and No rent control may be applied to housing units provided by nonprofit organizations and regulated by fair market rents published by the United States department of housing and urban development or any other similar federal or state program; and Rent control that limits the amount of an annual rent increase must not impose a limit less than the percentage increase in the consumer price index plus three percentage points plus reasonable increases reflective of the actual costs of substantial renovations. Regardless of the first two of these guidelines, the bill permits a local government to have or adopt an ordinance or regulation that is expressly intended and designed to increase the supply of affordable housing. The bill also makes a conforming amendment. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Sponsors (3)

Action history (7)

  1. Apr 25, 2023 Senate Committee on Local Government & Housing Postpone Indefinitely · upper
  2. Mar 1, 2023 Introduced In Senate - Assigned to Local Government & Housing · upper
  3. Feb 27, 2023 House Third Reading Passed - No Amendments · lower
  4. Feb 24, 2023 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
  5. Feb 21, 2023 House Second Reading Laid Over Daily - No Amendments · lower
  6. Feb 15, 2023 House Committee on Transportation, Housing & Local Government Refer Amended to House Committee of the Whole · lower
  7. Jan 23, 2023 Introduced In House - Assigned to Transportation, Housing & Local Government · lower

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