Colorado 2022 Regular Session Status: Introduced

SB 22-072 — Grants To Incentivize Home Use For Renters

Last action — Senate Committee on Local Government Postpone Indefinitely

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2022 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The bill creates the grants to homeowners to make residential space available to renters grant program (grant program) as a 3-year pilot program in the division of housing (division) within the department of local affairs (DOLA). The grant program is established to provide state assistance in the form of a one-time grant award of $500 to eligible recipients who make residential space available within their homes for the use of individuals seeking long-term rental housing. The grant program must operate for 3 consecutive state fiscal years, commencing with the 2023-24 state fiscal year through the 2025-26 state fiscal year. The division administers the grant program. The division is required to create a process by which grant awards are made. In order to be eligible to receive a grant award under the bill, an individual must: Be the owner of record of residential real property that the individual occupies as the individual's primary residence (owner-occupier); Be at least 55 years of age as of the date of an application submitted by the individual for a grant award; Make residential space available within the owner-occupier's home for use by an individual seeking housing on a rental basis for a period of not less than 180 consecutive days. The bill creates the grants to homeowners to make residential space available to renters grant program fund (fund) in the state treasury. The fund funds grant awards under the grant program and the administrative costs of the division in administering the grant program. The division is required to publish on an annual basis a report summarizing the use of the money that was awarded under the grant program in the preceding fiscal year. The bill specifies minimum contents of the report, and the report must be posted on DOLA's and the division's websites. The division is also required to prepare educational materials concerning the grant program and to display such materials on its page on DOLA's website. Each county treasurer is required to include general information about the grant program in the notice the assessor sends concerning the property tax exemption for qualifying seniors. The division is required to provide information to the county treasurers about the grant program for inclusion in the notice. (Note: This summary applies to this bill as introduced.)

Bill Text

Amendments

1 amendment

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Action History

  1. Senate Committee on Local Government Postpone Indefinitely

  2. Introduced In Senate - Assigned to Local Government

Sponsors

  • Paul Lundeen · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 100 not signed on

Sponsors (1)

  • Paul Lundeen

Co-sponsors (0)

None.

Not signed on (100)

100 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 22-072 do?
The bill creates the grants to homeowners to make residential space available to renters grant program (grant program) as a 3-year pilot program in the division of housing (division) within the department of local affairs (DOLA). The grant program is established to provide state assistance in the form of a one-time grant award of $500 to eligible recipients who make residential space available within their homes for the use of individuals seeking long-term rental housing. The grant program must operate for 3 consecutive state fiscal years, commencing with the 2023-24 state fiscal year through the 2025-26 state fiscal year. The division administers the grant program. The division is required to create a process by which grant awards are made. In order to be eligible to receive a grant award under the bill, an individual must: Be the owner of record of residential real property that the individual occupies as the individual's primary residence (owner-occupier); Be at least 55 years of age as of the date of an application submitted by the individual for a grant award; Make residential space available within the owner-occupier's home for use by an individual seeking housing on a rental basis for a period of not less than 180 consecutive days. The bill creates the grants to homeowners to make residential space available to renters grant program fund (fund) in the state treasury. The fund funds grant awards under the grant program and the administrative costs of the division in administering the grant program. The division is required to publish on an annual basis a report summarizing the use of the money that was awarded under the grant program in the preceding fiscal year. The bill specifies minimum contents of the report, and the report must be posted on DOLA's and the division's websites. The division is also required to prepare educational materials concerning the grant program and to display such materials on its page on DOLA's website. Each county treasurer is required to include general information about the grant program in the notice the assessor sends concerning the property tax exemption for qualifying seniors. The division is required to provide information to the county treasurers about the grant program for inclusion in the notice. (Note: This summary applies to this bill as introduced.)
Who sponsors SB 22-072?
SB 22-072 is sponsored by Paul Lundeen.
What is the current status of SB 22-072?
This bill died with 2022 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 22-072?
Track SB 22-072 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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