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SB 20-047

  • Colorado Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Feb 04, 2020
  • Passed Senate Jan 31, 2020
  • Passed House Feb 27, 2020
  • Governor

Financial Institution Agent Analyses Not Real Estate Appraisal

Abstract

Real estate - appraisals - definition - exemption for analyses prepared by agents of financial institutions and affiliates. Current law exempts from the definition of a "real estate appraisal" certain analyses prepared by an officer, director, or regularly salaried employee of a financial institution or its affiliate when the analyses are used for internal purposes only. Federal law also exempts such analyses when they are prepared by an agent of a financial institution or its affiliate. The act adds these agents to the list of people who can make these exempt analyses.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Angela Williams

  • Democratic
  • upper
  • 33
Primary

Jack Tate

  • Republican
  • upper
  • 27
Primary

Tracy Kraft-Tharp

  • Democratic
  • lower
  • 29
Primary

Kevin Van Winkle

  • Republican
  • lower
  • 43
Primary

Votes


Jan 31, 2020

BILL

Pass

Senate

Feb 27, 2020

BILL

Pass

House

Actions


Mar 11, 2020

Office of the Governor

Governor Signed

Mar 04, 2020

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Mar 03, 2020

Senate

Signed by the President of the Senate

Feb 27, 2020

House

House Third Reading Passed - No Amendments

Feb 26, 2020

House

House Third Reading Laid Over Daily - No Amendments

Feb 25, 2020

House

House Second Reading Passed - No Amendments

Feb 19, 2020

House

House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Business Affairs & Labor House Committee of the Whole

Feb 04, 2020

House

Introduced In House - Assigned to Business Affairs & Labor

  • Introduction
Business Affairs & Labor

Jan 31, 2020

Senate

Senate Third Reading Passed - No Amendments

Jan 30, 2020

Senate

Senate Second Reading Passed - No Amendments

Jan 27, 2020

Senate

Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Business, Labor, & Technology

Jan 08, 2020

Senate

Introduced In Senate - Assigned to Business, Labor, & Technology

  • Introduction
Business, Labor, & Technology

Bill Text

Bill Text Versions Format
Signed Act (03/11/2020) PDF
Final Act (03/04/2020) PDF
Rerevised (02/27/2020) PDF
Revised (02/25/2020) PDF
Reengrossed (01/31/2020) PDF
Engrossed (01/30/2020) PDF
Introduced (01/08/2020) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/22/2020) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.