Construction Defects & Middle Market Housing

Header text changed from 'REREVISED' to 'REVISED' with updated language indicating amendments were adopted on second reading instead of third reading.

Amendment date line removed from the document header.

Senate sponsorship list was reduced from 20 names to 6 names, removing co-sponsors Coleman, Roberts, Lundeen, Frizell, Michaelson Jenet, Mullica, Pelton B., Snyder, Amabile, Baisley, Bridges, Bright, Carson, Catlin, Daugherty, Exum, Gonzales J., Hinrichsen, Kipp, Kirkmeyer, Liston, Marchman, Pelton R., Rich, Simpson.

Updated sponsor lists to include additional House and Senate sponsors (Barron, Bradfield, Brooks, Duran, Froelich, Hamrick, Johnson, Lukens, Marshall, McCluskie, McCormick, Paschal, Richardson, Smith, Stewart K. for House; Amabile, Baisley, Bridges, Bright, Carson, Catlin, Daugherty, Exum, Gonzales J., Hinrichsen, Kipp, Kirkmeyer, Liston, Marchman, Pelton R., Rich, Simpson for Senate)

Changed document status from 'Corrected Preamended' to 'Rerevised' to reflect that all amendments adopted in the Second House are now included

Updated committee assignments to reflect Senate Local Government & Housing committee involvement

Added reading dates showing Senate amendments on April 17, 2025 and House amendments on April 16 and March 28, 2025

Added formal bill header information including session details, committee assignments, and a bill summary explaining the substantive provisions.

Added specific requirements for construction professionals to send settlement offers or written responses to claimants, and established a claimant's duty to mitigate alleged construction defects.

Increased the approval threshold for unit owners' associations to initiate construction defect claims from a majority to 65% of owners.

Added requirement for third-party licensed professional affidavits when filing construction defect actions against architects or engineers for middle market housing.

Updated statute of limitations for construction defect claims to 10 years generally, or 6 years if a warranty meeting bill requirements is provided, with tolling provisions for middle market housing claims during mitigation periods.

Added rebuttable presumption that a property does not have construction defects when a certificate of occupancy has been issued by a state agency or local government.

Reformatted the bill layout to prepare it for official signatures, moving the short title and legislative declaration to the top of the document.

Corrected a spelling error in the House sponsor list, changing 'Hamrick' to 'Harmick'.

Corrected a spelling error in the Senate sponsor list, changing 'Ilinrichsen' to 'Hinrichsen'.

Added new co-sponsors to the bill, including Representatives Ilamrick, Garcia Sander, Jackson, Lindsay, Mauro, and Ricks, and Senators Amabile, Baisley, Bridges, Bright, Carson, Catlin, Daugherty, Exum, Gonzales J., Ilinrichsen, Kipp, Kirkmeyer, Liston, Marchman, Pelton R., Rich, and Simpson.

Reorganized bill formatting and sponsorship sections to reflect the reengrossed version adopted in the House of Introduction, with updated page headers and legislative session information.

Added 15 new co-sponsors to the House sponsorship list (Barron, Bradfield, Brooks, Duran, Froelich, Hamrick, Johnson, Lukens, Marshall, McCluskie, McCormick, Paschal, Richardson, Smith, Stewart K.).

Updated bill status header from 'ENGROSSED' to 'REENGROSSED' and added a date stamp of March 31, 2025.

Added a note indicating the bill summary applies to the reengrossed version with a 3rd Reading Unamended status.

Added a new Section 1 subsection (2) establishing the short title of the act as the 'Colorado American Dream Act'

Added amendment notice text indicating the version includes all amendments adopted on second reading in the House of Introduction on March 28, 2025

Renumbered line numbers and adjusted formatting to accommodate the new short title section