Colorado 2025 Regular Session Status: Enacted Bipartisan · 7 D · 4 R cosponsors

SB 25-016 — Updating Escrow Disbursement Practices

Last action — Governor Signed

Track this bill free

No card. One bill, free forever — alerts when it moves.

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

This bill has been enacted into law. Introduced January 08, 2025. Enacted.

Signed by Governor Jared Polis (Democratic) on March 26, 2025.

Prognosis

Likely to advance 98% · high confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 13 sponsors

    3 primary, 10 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (7 D · 4 R) — cross-party backing.

  • Cleared a recorded vote

    Passed 4 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

The act modifies the types of funds that are available for immediate withdrawal as a matter of right in real estate transactions by: Limiting wire transfer funds to only those funds that are wired through a funds-transfer system operated by the federal reserve or the Clearing House Payments Company; and Adding a real-time or an instant payment made through a funds-transfer service operated by the federal reserve or the Clearing House Payments Company's real-time payments system.(Note: This summary applies to this bill as enacted.)

Bill Text

What changed in the latest version

21 added · 16 removed

Plain-language change summary

The updated version of Bill SB 25-016 now specifies that funds credited to an escrow account can be immediately withdrawn in real estate transactions, which was not included in the previous version. This change is significant because it provides clearer access to funds for individuals involved in real estate dealings, potentially making transactions smoother and more efficient. Additionally, it reinforces consumer protection by ensuring that parties can access their escrow funds without unnecessary delays.

→
Previous
Latest
First Regular Session Seventy-fifth General Assembly STATE OF COLORADO ENGROSSED This Version Includes All Amendments Adopted on Second Reading in the House of Introduction LLS NO.
First Regular Session Seventy-fifth General Assembly STATE OF COLORADO REENGROSSED This Version Includes All Amendments Adopted in the House of Introduction LLS NO.
25-0366.01 Renee Leone x2695 SENATE BILL 25-016 SENATE SPONSORSHIP Snyder, HOUSE SPONSORSHIP Boesenecker, Senate Committees House Committees Finance A BILL FOR AN ACT C ONCERNING UPDATING THE FRAMEWORK GOVERNING ESCROW DISBURSEMENTS FOR REAL ESTATE TRANSACTIONS .
25-0366.01 Renee Leone x2695 SENATE BILL 25-016 SENATE SPONSORSHIP Snyder, Bright, Carson, Coleman, Jaquez Lewis, Kipp, Marchman, Michaelson Jenet HOUSE SPONSORSHIP Boesenecker, Senate Committees House Committees Finance A BILL FOR AN ACT C ONCERNING UPDATING THE FRAMEWORK GOVERNING ESCROW DISBURSEMENTS FOR REAL ESTATE TRANSACTIONS .
This summary applies to this bill as introduced and does notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov.) The bill modifies the types of funds that are available for immediate withdrawal as a matter of right in real estate transactions by:
This summary applies to this bill as introduced and does notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill e n 5 passes third reading in the house of introduction, a bill summary that m 0 applies to the reengrossed version of this bill will be available at T n , A U y http://leg.colorado.gov.) E i a S a b R e The bill modifies the types of funds that are available for r F immediate withdrawal as a matter of right in real estate transactions by:
! Limiting wire transfer funds to only those funds that are wired through a funds-transfer system operated by the g federal reserve;
3 ! Limiting wire transfer funds to only those funds that are wired through a funds-transfer system operated by the g federal reserve;
and d 5 ! Adding funds credited to an escrow account if the bank or e 0 T R , A n2 y Shading denotes HOUSE amendment.
and i a 2 ! Adding funds credited to an escrow account if the bank or E R 2 A n 5 N 2 r Shading denotes HOUSE amendment.
E d u Capital letters or bold & italic numbers indicate new material to be added to existing law.
S e r Capital letters or bold & italic numbers indicate new material to be added to existing law.n e Dashes through the words or numbers indicate deletions from existing law.
Dashes through the words or numbers indicate deletions from existing law.
⬇ Download PDF
View plain text versions (9)

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Governor Signed

  2. Signed by the President of the Senate

  3. Signed by the Speaker of the House

  4. Sent to the Governor

  5. Senate Considered House Amendments - Result was to Concur - Repass

  6. House Third Reading Passed - No Amendments

  7. House Second Reading Special Order - Passed with Amendments - Committee

  8. House Committee on Finance Refer Amended to House Committee of the Whole

  9. Senate Third Reading Passed - No Amendments

  10. Introduced In House - Assigned to Finance

  11. Senate Second Reading Passed with Amendments - Committee, Floor

  12. Senate Second Reading Laid Over to 02/05/2025 - No Amendments

  13. Senate Second Reading Laid Over Daily - No Amendments

  14. Senate Committee on Finance Refer Amended to Senate Committee of the Whole

  15. Introduced In Senate - Assigned to Finance

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

3 sponsors · 10 co-sponsors · 89 not signed on · 1 voted No

Sponsors (3)

Co-sponsors (10)

Not signed on (89)

89 members have not signed on to this bill.

Show all 89 →

"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

Votes

CONCUR

Passed 34 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 20000
Republican 11000
Unaffiliated 3000
Total 34000
% of votes cast 100%0%0%0%
How each member voted (34)
Member Party Vote
Lundeen — Yea
President — Yea
Winter F. — Yea
Cathy Kipp Democrat Yea
Chris Kolker Democrat Yea
Dafna Michaelson Jenet Democrat Yea
Dylan Roberts Democrat Yea
Iman Jodeh Democrat Yea
Janice Marchman Democrat Yea
Jeff Bridges Democrat Yea
Jessie Danielson Democrat Yea
Judy Amabile Democrat Yea
Julie Gonzales Democrat Yea
Kyle Mullica Democrat Yea
Lindsey Daugherty Democrat Yea
Lisa Cutter Democrat Yea
Marc Snyder Democrat Yea
Matt Ball Democrat Yea
Mike Weissman Democrat Yea
Nick Hinrichsen Democrat Yea
Robert Rodriguez Democrat Yea
Tom Sullivan Democrat Yea
Tony Exum Democrat Yea
Barbara Kirkmeyer Republican Yea
Byron Pelton Republican Yea
Cleave Simpson Republican Yea
Janice Rich Republican Yea
John Carson Republican Yea
Larry Liston Republican Yea
Lisa Frizell Republican Yea
Marc Catlin Republican Yea
Mark Baisley Republican Yea
Rod Pelton Republican Yea
Scott Bright Republican Yea

REPASS

Passed 34 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 20000
Republican 11000
Unaffiliated 3000
Total 34000
% of votes cast 100%0%0%0%
How each member voted (34)
Member Party Vote
Lundeen — Yea
President — Yea
Winter F. — Yea
Cathy Kipp Democrat Yea
Chris Kolker Democrat Yea
Dafna Michaelson Jenet Democrat Yea
Dylan Roberts Democrat Yea
Iman Jodeh Democrat Yea
Janice Marchman Democrat Yea
Jeff Bridges Democrat Yea
Jessie Danielson Democrat Yea
Judy Amabile Democrat Yea
Julie Gonzales Democrat Yea
Kyle Mullica Democrat Yea
Lindsey Daugherty Democrat Yea
Lisa Cutter Democrat Yea
Marc Snyder Democrat Yea
Matt Ball Democrat Yea
Mike Weissman Democrat Yea
Nick Hinrichsen Democrat Yea
Robert Rodriguez Democrat Yea
Tom Sullivan Democrat Yea
Tony Exum Democrat Yea
Barbara Kirkmeyer Republican Yea
Byron Pelton Republican Yea
Cleave Simpson Republican Yea
Janice Rich Republican Yea
John Carson Republican Yea
Larry Liston Republican Yea
Lisa Frizell Republican Yea
Marc Catlin Republican Yea
Mark Baisley Republican Yea
Rod Pelton Republican Yea
Scott Bright Republican Yea

BILL

Passed 62 Yea · 1 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 4000
Democrat 41001
Republican 17101
Total 62102
% of votes cast 95%2%0%3%
How each member voted (65)
Member Party Vote
Armagost — Yea
Bird — Yea
Pugliese — Yea
Garcia Sander — Yea
Alex Valdez Democrat Yea
Amy Paschal Democrat Yea
Andrew Boesenecker Democrat Yea
Bob Marshall Democrat Yea
Brianna Titone Democrat Yea
Cecelia Espenoza Democrat Yea
Chad Clifford Democrat Yea
Eliza Hamrick Democrat Yea
Elizabeth Velasco Democrat Yea
Emily Sirota Democrat Yea
Gretchen Rydin Democrat Yea
Jacque Phillips Democrat Yea
Jamie Jackson Democrat Yea
Javier Mabrey Democrat Yea
Jennifer Bacon Democrat Yea
Jenny Willford Democrat Yea
Julie McCluskie Democrat Yea
Junie Joseph Democrat Yea
Karen McCormick Democrat Yea
Katie Stewart Democrat Yea
Kyle Brown Democrat Yea
Lesley Smith Democrat Yea
Lindsay Gilchrist Democrat Yea
Lisa Feret Democrat Yea
Lorena Garcia Democrat Yea
Mandy Lindsay Democrat Yea
Manny Rutinel Democrat Yea
Matthew Martinez Democrat Yea
Meg Froelich Democrat Yea
Meghan Lukens Democrat Yea
Michael Carter Democrat Yea
Monica Duran Democrat Yea
Naquetta Ricks Democrat Yea
Rebekah Stewart Democrat Yea
Regina English Democrat Yea
Sean Camacho Democrat Yea
Sheila Lieder Democrat Yea
Steven Woodrow Democrat Yea
Tammy Story Democrat Yea
Tisha Mauro Democrat Not Voting
William Lindstedt Democrat Yea
Yara Zokaie Democrat Yea
Anthony Hartsook Republican Not Voting
Brandi Bradley Republican Yea
Carlos Barron Republican Yea
Chris Richardson Republican Yea
Dan Woog Republican Yea
Dusty Johnson Republican Yea
Jarvis Caldwell Republican Yea
Ken DeGraaf Republican Yea
Larry Don Suckla Republican Yea
Mary Bradfield Republican Yea
Matt Soper Republican Nay
Max Brooks Republican Yea
Rebecca Keltie Republican Yea
Rick Taggart Republican Yea
Ron Weinberg Republican Yea
Ryan Gonzalez Republican Yea
Scott Bottoms Republican Yea
Stephanie Luck Republican Yea
Ty Winter Republican Yea

BILL

Passed 31 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Democrat 20001
Republican 9002
Unaffiliated 2001
Total 31004
% of votes cast 89%0%0%11%
How each member voted (35)
Member Party Vote
Lundeen — Yea
Jaquez Lewis — Yea
Winter F. — Not Voting
Cathy Kipp Democrat Yea
Chris Kolker Democrat Not Voting
Dafna Michaelson Jenet Democrat Yea
Dylan Roberts Democrat Yea
Iman Jodeh Democrat Yea
James Coleman Democrat Yea
Janice Marchman Democrat Yea
Jeff Bridges Democrat Yea
Jessie Danielson Democrat Yea
Judy Amabile Democrat Yea
Julie Gonzales Democrat Yea
Kyle Mullica Democrat Yea
Lindsey Daugherty Democrat Yea
Lisa Cutter Democrat Yea
Marc Snyder Democrat Yea
Matt Ball Democrat Yea
Mike Weissman Democrat Yea
Nick Hinrichsen Democrat Yea
Robert Rodriguez Democrat Yea
Tom Sullivan Democrat Yea
Tony Exum Democrat Yea
Barbara Kirkmeyer Republican Yea
Byron Pelton Republican Yea
Cleave Simpson Republican Yea
Janice Rich Republican Yea
John Carson Republican Yea
Larry Liston Republican Not Voting
Lisa Frizell Republican Not Voting
Marc Catlin Republican Yea
Mark Baisley Republican Yea
Rod Pelton Republican Yea
Scott Bright Republican Yea

Subjects

finance 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 25-016 do?
The act modifies the types of funds that are available for immediate withdrawal as a matter of right in real estate transactions by: Limiting wire transfer funds to only those funds that are wired through a funds-transfer system operated by the federal reserve or the Clearing House Payments Company; and Adding a real-time or an instant payment made through a funds-transfer service operated by the federal reserve or the Clearing House Payments Company's real-time payments system.(Note: This summary applies to this bill as enacted.)
Who sponsors SB 25-016?
SB 25-016 is sponsored by Bob Marshall (Democrat), Jarvis Caldwell (Republican), S. Bird, Jennifer Bacon (Democrat), Janice Marchman (Democrat), Cathy Kipp (Democrat), James Coleman (Democrat), John Carson (Republican), Scott Bright (Republican), Ron Weinberg (Republican), Andrew Boesenecker (Democrat), Marc Snyder (Democrat), and Michaelson Jenet.
What is the current status of SB 25-016?
This bill has been enacted into law. Introduced January 08, 2025. Enacted.
Where can I track SB 25-016?
Track SB 25-016 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 25-016

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 25-016

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →