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Committee advances construction-defect reform bill aimed at restarting condo construction
Summary
The House Transportation, Housing and Local Government Committee advanced House Bill 12‑72 on a 12‑1 vote, sending the measure to the Committee of the Whole. The bill would create an optional multifamily construction incentive program — with independent inspections, warranties and new pre‑litigation steps — aimed at increasing condominium and townhome construction while preserving homeowner remedies.
The House Transportation, Housing and Local Government Committee advanced House Bill 12‑72 on a 12‑1 vote, sending the bill to the Committee of the Whole with sponsor support and a lengthy set of stakeholder-driven amendments.
The bill would create a voluntary multifamily construction incentive program for builders who offer prescribed warranties and submit to independent third‑party inspections during construction, while also adding procedural steps before homeowners may file construction‑defect actions. Sponsor Representative Basenicker, a primary sponsor, told the committee the intent is to “create market conditions favorable to building high quality homes while also ensuring homeowners have protections and meaningful recourse.”
Colorado leaders and industry groups told the committee they support the measure as a way to unblock condominium and townhome development that has…
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