ColoradoStateCapitolSenateChamber gobeirne

For two hours Wednesday, builders, subcontractors and insurers paraded before the Colorado Senate's Business, Labor and Technology Committee at the state Capitol to tell members how badly the state’s laws need to be changed to jump-start condominium construction.

But most then added that the first construction-defects reform bill the state Legislature is considering would not do the trick in its current form.
Still, committee members passed that measure, Senate Bill 45, by a 6-1 vote — but only after the majority of them said that they want to see the bill's sponsors amend the measure.
Multiple construction organizations and industry advocates say that the bipartisan proposal would not get builders to put up condos — and, in fact, that it might actually set back efforts to diversify Colorado's housing stock.  
“The people you’re trying to help, the people who want to build the product, are the ones telling you this doesn’t help, this is not the way to go about doing it,” said Scott Wilkinson, an attorney with Davis & Ceriani P.C. who represents many members of the Colorado Association of Home Builders.
Developers and others say that existing construction-defects laws make it too easy for groups of condo owners to sue builders over construction flaws, thereby helping to slow condo development to a near halt in the state. They have called for tighter rules on class-action suits and other changes shielding builders.    Read the rest of the Article in Denver Business Journal

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