Strategy to Reduce & Prevent Homelessness

Second Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
REENGROSSED
This Version Includes All Amendments
Adopted in the House of Introduction
LLS NO. 26-0504.01 Caroline Martin x5902 HOUSE BILL 26-1202
House Committees Senate Committees
Transportation, Housing & Local Government
A BILL FOR AN ACT
CONCERNING STRATEGIES TO MITIGATE HOMELESSNESS , AND , IN101
CONNECTION THEREWITH , REQUIRING THE DEPARTMENT OF102
LOCAL AFFAIRS TO PRESENT A PROPOSAL FOR A STATEWIDE103
STRATEGY ON HOMELESSNESS PREVENTION AND RESOLUTION ,104
ALLOWING LOCAL GOVERNMENTS TO CREATE105
MULTIJURISDICTIONAL HOMELESSNESS AUTHORITIES , AND106
ALLOWING REAL ESTATE DOCUMENTARY FEES TO BE USED FOR107
AFFORDABLE HOUSING.108
Bill Summary
(Note: This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
HOUSE
3rd Reading Unamended
March 9, 2026
HOUSE
2nd Reading Unamended
March 6, 2026
HOUSE SPONSORSHIP
Rutinel and Sirota, Camacho, Clifford, Ricks, Boesenecker, Brown, Froelich, Gilchrist,
Goldstein, Hamrick, Jackson, Lindsay, Mabrey, Nguyen, Phillips, Rydin, Stewart R.
SENATE SPONSORSHIP
Amabile, Wallace
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law.
http://leg.colorado.gov.)
Section 1 of the bill requires the department of local affairs, as part
of its SMART Act hearing in January of 2027, to submit and present a
proposal for the development of a statewide strategy on homelessness
prevention and resolution. The proposal must include a plan that sets forth
a timeline, an estimated budget, and a process for developing and
implementing a statewide strategy on homelessness prevention and
resolution. The proposal must set forth the following components that
must be included in the statewide strategy on homelessness prevention
and resolution:
! Identification of gaps and barriers that impede access to
operational services for individuals experiencing
homelessness;
! Identification of state agency-provided housing resources,
including utilization rates;
! Recommendations for collaboration between state and local
partners to facilitate homelessness response;
! Recommendations for funding and policies that could be
implemented at the state level to support homelessness
prevention and resolution;
! Recommendations that have been proposed in coordination
with continuum of care organizations to improve the
implementation of the homeless management information
system, data reporting, and coordinated entry systems;
! Updates on regional navigation campuses; and
! Updates on continuum of care organizations.
When developing the proposal, the department shall seek and
incorporate feedback from a diverse array of stakeholders.
Section 2 creates a new type of special district, a
multijurisdictional homelessness response authority (authority), which
may be created when any combination of local governments enter into an
intergovernmental agreement with one another to establish an authority.
An authority must:
! Be used by the contracting local governments to reduce and
prevent homelessness; and
! Have boundaries that contain the entirety of all the
contracting local governments, but nothing more.
An authority has several discretionary powers that relate to its
ability to coordinate and plan with departments and organizations to
reduce and prevent homelessness, including but not limited to the power
to provide for the levy of sales or sales and use taxes by the contracting
local governments. If the intergovernmental agreement that creates an
authority provides for the levy of a sales or sales and use tax by the
contracting local governments within the boundaries of the authority:
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! Each contracting local government shall submit to its
registered electors a ballot question that relates to the tax
and that requires any new tax revenue approved through the
ballot question to be used solely for the planning,
coordination, and implementation of regional strategies to
reduce and prevent homelessness;
! The intergovernmental agreement must provide for a case
in which the electors in some but not all of the contracting
local governments approve the collection of the sales or
sales and use tax at the general election; and
! The intergovernmental agreement must provide that all or
part of the taxes levied are distributed to the authority.
An authority may seek, accept, and expend gifts, grants, or
donations from private or public sources for the purposes of planning,
coordinating, and implementing regional strategies to reduce and prevent
homelessness, may issue revenue or general obligation bonds, and may
pledge its revenue and revenue-raising powers for the payment of such
bonds.
Section 3 allows a county to designate a portion of documentary
filing fees, which are collected for filing documents associated with the
grant or conveyance of real property, to be transferred to the county
government or a housing authority for the purpose of developing,
preserving, or acquiring affordable housing that:
! Is within the jurisdiction of the county government or
housing authority;
! Is aligned with demonstrated community needs; and
! Will be available to individuals experiencing homelessness.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, add part 39 to article2
32 of title 24 as follows:3
PART 394
STATEWIDE STRATEGY FOR HOMELESSNESS5
PREVENTION AND RESOLUTION6
24-32-3901. Legislative declaration.7
(1) THE GENERAL ASSEMBLY FINDS AND DECLARES THAT:8
(a) H OMELESSNESS IS ON THE RISE IN COLORADO. THERE WERE9
MORE THAN THIR TEEN THOUSAND INDIVIDUALS EXPERIENCING10
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HOMELESSNESS ON A SINGLE NIGHT IN JANUARY 2024. IN 2024, MORE1
THAN FIFTY -TWO THOUSAND EIGHT HUNDRED INDIVIDUALS SOUGHT2
HOUSING AND SERVICES RELATED TO HOMELESSNESS THROUGH THE3
COLORADO HOMELESS MANAGEMENT INFORMATION SYSTEM'S PARTNER4
AGENCIES.5
(b) I NDIVIDUALS EXPERIENCING HOMELESSNESS IN THE6
SEVEN-COUNTY DENVER-METRO AREA CITED RELATIONSHIP PROBLEMS OR7
BREAKUPS, INABILITY TO FIND OR MAINTAIN A JOB , FAMILY ISSUES ,8
INABILITY TO PAY RENTS OR MORTGAGES, AND COST OF HOUSING AS THE9
TOP REASONS CONTRIBUTING TO HOMELESSNESS.10
(c) AS OF 2024, COLORADO WAS THE EIGHTH LEAST AFFORDABLE11
STATE IN THE NATION ACCORDING TO THE NATIONAL LOW INCOME12
HOUSING COALITION. THE COALITION FOUND THAT , TO PAY FOR A13
ONE-BEDROOM HOME , A COLORADO RENTER MUST EITHER MAKE14
SIXTY-FIVE THOUSAND DOLLARS A YEAR OR WORK EIGHTY-FIVE HOURS A15
WEEK MAKING MINIMUM WAGE . FORTY PERCENT OF INDIVIDUALS16
EXPERIENCING HOMELESSNESS HAVE PAYING JOBS, AND ONLY ONE IN FOUR17
INDIVIDUALS WHO QUALIFY FOR RENTAL SUBSIDIES RECEIVE THEM.18
(d) A CCORDING TO THE COLORADO FUTURES CENTER, NEARLY19
HALF OF COLORADO HOUSEHOLDS HAVE ANNUAL INCOMES BELOW20
SEVENTY- FIVE THOUSAND DOLLARS. THESE HOUSEHOLDS MUST SPEND AN21
OUTSIZED PORTION OF THEIR EARNINGS ON HOUSING, REPRESENTING OVER22
FIVE BILLION DOLLARS IN FOREGONE SPENDING IN OTHER SECTORS OF23
COLORADO'S ECONOMY.24
(e) HOUSING INSTABILITY IS AT AN ALL-TIME HIGH, AND THERE IS25
A DEFICIT OF AFFORDABLE HOMES IN COLORADO. FOR INDIVIDUALS IN26
COLORADO EARNING THIRTY PERCENT OR LESS OF THE AREA MEDIAN27
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INCOME, THERE ARE ONLY TWENTY-SEVEN AVAILABLE HOMES THAT ARE1
CONSIDERED AFFORDABLE FOR EVERY ONE HUNDRED HOMES NEEDED.2
(f) C OLORADO LACKS ADEQUATE STATEWIDE STRATEGIES3
DESIGNED TO RESOLVE AND PREVENT HOMELESSNESS. COLORADO COULD4
BENEFIT FROM IMPROVED INFRASTRUCTURE TO CONVENE STATE AGENCIES,5
LOCAL GOVERNMENTS, CONTINUUMS OF CARE, NONPROFITS, AND OTHER6
HOUSING ORGANIZATIONS TO IMPLEMENT HOMELESSNESS SOLUTIONS.7
(g) B Y DIRECTING THE DEPARTMENT OF LOCAL AFFAIRS TO8
PRESENT A PLAN FOR A STATEWIDE STRATEGY ON HOMELESSNESS9
PREVENTION AND RESOLUTION , THE GENERAL ASSEMBLY INTENDS TO10
BRING TOGETHER DIVERSE ENTITIES THAT WILL WORK TO REDUCE AND11
PREVENT HOMELESSNESS IN COLORADO.12
24-32-3902. Proposal for a statewide strategy on homelessness13
prevention and resolution - definitions. 14
(1) AS USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE15
REQUIRES:16
(a) "C ONTINUUM OF CARE ORGANIZATION " MEANS ONE OF THE17
CONTINUUM OF CARE ORGANIZATIONS ESTABLISHED PURSUANT TO 24 CFR18
578, INCLUDING THE METRO DENVER HOMELESS INITIATIVE, THE19
COLORADO BALANCE OF STATE CONTINUUM OF CARE, THE NORTHERN20
COLORADO CONTINUUM OF CARE, AND THE PIKES PEAK CONTINUUM OF21
CARE.22
(b) "DEPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS23
CREATED IN SECTION 24-1-125.24
(c) "O PERATIONAL SERVICE " HAS THE SAME MEANING AS SET25
FORTH IN SECTION 39-22-548 (2)(h).26
(2) IN JANUARY 2027, AS PART OF THE DEPARTMENT 'S "SMART27
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ACT" HEARING REQUIRED BY SECTION 2-7-203, THE DEPARTMENT SHALL1
SUBMIT AND PRESENT A PROPOSAL FOR THE DEVELOPMENT OF A2
STATEWIDE STRATEGY ON HOMELESSNESS PREVENTION AND RESOLUTION.3
THE PROPOSAL MUST INCLUDE A PLAN THAT SETS FORTH A TIMELINE, AN4
ESTIMATED BUDGET, AND A PROCESS FOR DEVELOPING AND IMPLEMENTING5
A STATEWIDE STRATEGY ON HOMELESSNESS PREVENTION AND6
RESOLUTION. THE PROPOSAL MUST SET FORTH THE FOLLOWING7
COMPONENTS THAT MUST BE INCLUDED IN THE STATEWIDE STRATEGY ON8
HOMELESSNESS PREVENTION AND RESOLUTION:9
(a) IDENTIFICATION OF GAPS AND BARRIERS THAT IMPEDE ACCESS10
TO OPERATIONAL SERVICES FOR INDIVIDUALS EXPERIENCING11
HOMELESSNESS;12
(b) I DENTIFICATION OF STATE AGENCY -PROVIDED HOUSING13
RESOURCES, INCLUDING UTILIZATION RATES;14
(c) R ECOMMENDATIONS FOR COLLABORATION BETWEEN STATE15
AND LOCAL PARTNERS TO FACILITATE HOMELESSNESS RESPONSE;16
(d) RECOMMENDATIONS FOR FUNDING AND POLICIES THAT COULD17
BE IMPLEMENTED AT THE STATE LEVEL TO SUPPORT HOMELESSNESS18
PREVENTION AND RESOLUTION;19
(e) R ECOMMENDATIONS THAT HAVE BEEN PROPOSED IN20
COORDINATION WITH CONTINUUM OF CARE ORGANIZATIONS TO IMPROVE21
THE IMPLEMENTATION OF THE HOMELESS MANAGEMENT INFORMATION22
SYSTEM, DATA REPORTING, AND COORDINATED ENTRY SYSTEMS; AND23
(f) U PDATES ON REGIONAL NAVIGATION CAMPUSES CREATED24
PURSUANT TO SECTION 24-32-727.25
(3) WHEN DEVELOPING THE PROPOSAL REQUIRED BY SUBSECTION26
(2) OF THIS SECTION , THE DEPARTMENT SHALL SEEK AND INCORPORATE27
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FEEDBACK FROM A DIVERSE ARRAY OF STAKEHOLDERS.1
SECTION 2. In Colorado Revised Statutes, add 29-1-204.7 as2
follows:3
29-1-204.7. Establishment of multijurisdictional homelessness4
response authorities - definitions. 5
(1) Definitions. AS USED IN THIS SECTION, UNLESS THE CONTEXT6
OTHERWISE REQUIRES:7
(a) "AUTHORITY" MEANS A MULTIJURISDICTIONAL HOMELESSNESS8
RESPONSE AUTHORITY CREATED PURSUANT TO SUBSECTION (2) OF THIS9
SECTION.10
(b) "BOARD" MEANS THE BOARD OF DIRECTORS THAT GOVERNS AN11
AUTHORITY IN ACCORDANCE WITH SUBSECTION (3) OF THIS SECTION AND12
IN WHICH ALL LEGISLATIVE POWER OF THE AUTHORITY IS VESTED. 13
(c) "C ONTINUUM OF CARE ORGANIZATION " MEANS ONE OF THE14
CONTINUUM OF CARE ORGANIZATIONS ESTABLISHED PURSUANT TO 24 CFR15
578, INCLUDING THE METRO DENVER HOMELESS INITIATIVE, THE16
COLORADO BALANCE OF STATE CONTINUUM OF CARE, THE NORTHERN17
COLORADO CONTINUUM OF CARE, AND THE PIKES PEAK CONTINUUM OF18
CARE.19
(d) "C ONTRACTING LOCAL GOVERNMENT " MEANS A LOCAL20
GOVERNMENT THAT HAS ENTERED INTO AN INTERGOVERNMENTAL21
AGREEMENT WITH OTHER LOCAL GOVERNMENTS TO FORM AN AUTHORITY22
PURSUANT TO SUBSECTION (2) OF THIS SECTION.23
(e) "INTERGOVERNMENTAL AGREEMENT" MEANS THE AGREEMENT24
ENTERED INTO BY LOCAL GOVERNMENTS PURSUANT TO SUBSECTION (2) OF25
THIS SECTION TO CREATE AN AUTHORITY.26
(f) "LOCAL GOVERNMENT" MEANS A STATUTORY OR HOME RULE27
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CITY, TOWN, CITY AND COUNTY, OR COUNTY.1
(2) Creation. ANY COMBINATION OF LOCAL GOVERNMENTS MAY,2
BY ENTERING INTO AN INTERGOVERNMENTAL AGREEMENT WITH EACH3
OTHER, ESTABLISH A SEPARATE GOVERNMENTAL ENTITY TO BE KNOWN AS4
A MULTIJURISDICTIONAL HOMELESSNESS RESPONSE AUTHORITY . AN5
AUTHORITY MUST:6
(a) B E USED BY THE CONTRACTING LOCAL GOVERNMENTS TO7
REDUCE AND PREVENT HOMELESSNESS; AND8
(b) HAVE BOUNDARIES THAT CONTAIN THE ENTIRETY OF ALL THE9
CONTRACTING LOCAL GOVERNMENTS, BUT NOTHING MORE.10
(3) Requirements for the intergovernmental agreement. THE11
INTERGOVERNMENTAL AGREEMENT ESTABLISHING AN AUTHORITY MUST12
SPECIFY:13
(a) T HE NAME OF THE AUTHORITY AND THE FUNCTIONS OR14
SERVICES RELATED TO THE AUTHORITY 'S PURPOSE OF REDUCING AND15
PREVENTING HOMELESSNESS;16
(b) DETAILS REGARDING THE ESTABLISHMENT AND ORGANIZATION17
OF A BOARD OF DIRECTORS, INCLUDING:18
(I) THE NUMBER OF DIRECTORS, THEIR MANNER OF APPOINTMENT,19
THEIR TERMS OF OFFICE , THEIR COMPENSATION , IF ANY , AND THE20
PROCEDURE FOR FILLING VACANCIES ON THE BOARD;21
(II) T HE OFFICERS OF THE AUTHORITY , THE MANNER OF THEIR22
SELECTION, AND THEIR DUTIES;23
(III) T HE VOTING REQUIREMENTS FOR ACTION BY THE BOARD ;24
EXCEPT THAT, UNLESS SPECIFICALLY OTHERWISE PROVIDED, A MAJORITY25
OF DIRECTORS CONSTITUTES A QUORUM, AND A MAJORITY OF A QUORUM26
IS NECESSARY FOR ANY ACTION TAKEN BY THE BOARD; AND27
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(IV) T HE DUTIES OF THE BOARD , WHICH MUST INCLUDE THE1
OBLIGATION TO COMPLY WITH PARTS 1, 5, AND 6 OF THIS ARTICLE 1;2
(c) PROVISIONS FOR THE DISPOSITION, DIVISION, OR DISTRIBUTION3
OF ANY PROPERTY OR ASSETS OF THE AUTHORITY;4
(d) THE TERM OF THE INTERGOVERNMENTAL AGREEMENT, WHICH5
MAY BE CONTINUED FOR A DEFINITE TERM OR UNTIL RESCINDED OR6
TERMINATED, AND THE METHOD, IF ANY, BY WHICH IT MAY BE RESCINDED7
OR TERMINATED ; EXCEPT THAT SUCH AN INTERGOVERNMENTAL8
AGREEMENT MAY NOT BE RESCINDED OR TERMINATED SO LONG AS THE9
AUTHORITY HAS BONDS , NOTES, OR OTHER OBLIGATIONS OUTSTANDING10
UNLESS PROVISION FOR FULL PAYMENT OF SUCH OBLIGATIONS, BY ESCROW11
OR OTHERWISE , HAS BEEN MADE PURSUANT TO THE TERMS OF SUCH12
OBLIGATIONS;13
(e) ANY EXPECTED SOURCES OF REVENUE OF THE AUTHORITY; AND14
(f) T HE AUTHORITY'S PLAN REGARDING THE LEVY OF TAXES BY15
LOCAL GOVERNMENTS FOR THE PURPOSES OF PLANNING, COORDINATING,16
AND IMPLEMENTING REGIONAL STRATEGIES TO REDUCE AND PREVENT17
HOMELESSNESS, IN ACCORDANCE WITH SUBSECTION (5) OF THIS SECTION. 18
(4) General discretionary powers of the authority. T HE19
GENERAL DISCRETIONARY POWERS OF THE AUTHORITY INCLUDE:20
(a) TO PLAN, COORDINATE, AND IMPLEMENT REGIONAL STRATEGIES21
TO REDUCE AND PREVENT HOMELESSNESS;22
(b) TO COORDINATE AND PLAN WITH THE DEPARTMENT OF LOCAL23
AFFAIRS AND THE CONTINUUM OF CARE ORGANIZATION THAT OPERATES24
WITHIN THE BOUNDARIES OF THE AUTHORITY TO REDUCE AND PREVENT25
HOMELESSNESS;26
(c) T O, IF FEASIBLE AND AGREED UPON BY THE CONTRACTING27
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LOCAL GOVERNMENTS AND THE CONTINUUM OF CARE ORGANIZATION ,1
CONTRACT WITH THE CONTINUUM OF CARE ORGANIZATION THAT OPERATES2
WITHIN THE BOUNDARIES OF THE AUTHORITY TO DESIGNATE THE3
CONTINUUM OF CARE OR GANIZATION AS THE ADMINISTRATOR OF THE4
AUTHORITY;5
(d) T O MAKE AND ENTER INTO CONTRACTS WITH ANY PERSON ,6
INCLUDING, WITHOUT LIMITATION, CONTRACTS WITH STATE OR FEDERAL7
AGENCIES, CONTINUUM OF CARE ORGANIZATIONS, PRIVATE ENTERPRISES,8
AND NONPROFIT ORGANIZATIONS THAT ARE ALSO INVOLVED IN REDUCING9
AND PREVENTING HOMELESSNESS , IRRESPECTIVE OF WHETHER SUCH10
AGENCIES ARE PARTIES TO THE INTERGOVERNMENTAL AGREEMENT;11
(e) TO EMPLOY AGENTS AND EMPLOYEES;12
(f) T O ACQUIRE , HOLD , LEASE AS LESSOR OR LESSEE , SELL , OR13
OTHERWISE DISPOSE OF ANY REAL OR PERSONAL PROPERTY, COMMODITY,14
OR SERVICE;15
(g) TO INCUR DEBTS, LIABILITIES, OR OBLIGATIONS;16
(h) TO SUE AND BE SUED IN ITS OWN NAME;17
(i) T O ADOPT , BY RESOLUTION , REGULATIONS RESPECTING THE18
EXERCISE OF ITS POWERS AND THE CARRYING OUT OF ITS PURPOSES;19
(j) TO PROVIDE FOR THE LEVY OF SALES OR SALES AND USE TAXES20
BY CONTRACTING LOCAL GOVERNMENTS FOR THE PURPOSES OF PLANNING,21
COORDINATING, AND IMPLEMENTING REGIONAL STRATEGIES TO REDUCE22
AND PREVENT HOMELESSNESS IN ACCORDANCE WITH SUBSECTION (5) OF23
THIS SECTION;24
(k) TO EXERCISE ANY OTHER POWERS THAT ARE ESSENTIAL TO THE25
PROVISION OF FUNCTIONS , SERVICES, OR FACILITIES BY THE AUTHORITY26
AND THAT ARE SPECIFIED IN THE INTERGOVERNMENTAL AGREEMENT; AND27
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(l) TO PERFORM ANY ACTS AUTHORIZED BY THIS SECTION UNDER,1
THROUGH, OR BY MEANS OF AN AGENT OR BY CONTRACTS WITH ANY2
PERSON, FIRM, OR CORPORATION.3
(5) Levy of taxes. IF THE INTERGOVERNMENTAL AGREEMENT THAT4
CREATES AN AUTHORITY PROVIDES THAT THE CONTRACTING LOCAL5
GOVERNMENTS SHALL LEVY SALES OR SALES AND USE TAXES TO BE USED6
BY THE AUTHORITY TO PLAN , COORDINATE, AND IMPLEMENT REGIONAL7
STRATEGIES TO REDUCE AND PREVENT HOMELESSNESS:8
(a) EACH CONTRACTING LOCAL GOVERNMENT SHALL SUBMIT TO ITS9
REGISTERED ELECTORS A BALLOT QUESTION THAT RELATES TO THE TAX ,10
THAT REQUIRES ANY NEW TAX REVENUE APPROVED THROUGH THE BALLOT11
QUESTION TO BE USED SOLELY FOR THE PLANNING , COORDINATION, AND12
IMPLEMENTATION OF REGIONAL STRATEGIES TO REDUCE AND PREVENT13
HOMELESSNESS, AND THAT COMPLIES WITH SECTION 20 OF ARTICLE X OF14
THE STATE CONSTITUTION;15
(b) T HE INTERGOVERNMENTAL AGREEMENT MUST INCLUDE16
PROVISIONS THAT APPLY TO A CASE IN WHICH THE ELECTORS IN SOME BUT17
NOT ALL OF THE CONTRACTING LOCAL GOVERNMENTS APPROVE THE18
BALLOT QUESTION DESCRIBED IN SUBSECTION (5)(a) OF THIS SECTION;19
(c) ANY SALES TAX LEVIED IN ACCORDANCE WITH THIS SUBSECTION20
(5) IS IN ADDITION TO ANY OTHER SALES TAX IMPOSED PURSUANT TO LAW;21
AND22
(d) THE INTERGOVERNMENTAL AGREEMENT MUST PROVIDE THAT23
ALL OR PART OF THE TAXES LEVIED IN ACCORDANCE WITH THIS SUBSECTION24
(5) ARE DISTRIBUTED TO THE AUTHORITY.25
(6) Political subdivision of the state. AN AUTHORITY IS A26
POLITICAL SUBDIVISION AND A PUBLIC CORPORATION OF THE STATE ,27
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SEPARATE FROM THE CONTRACTING LOCAL GOVERNMENTS , AND IS A1
VALIDLY CREATED AND EXISTING POLITICAL SUBDIVISION AND PUBLIC2
CORPORATION OF THE STATE, IRRESPECTIVE OF WHETHER A CONTRACTING3
LOCAL GOVERNMENT WITHDRAWS , WHETHER VOLUNTARILY , BY4
OPERATION OF LAW, OR OTHERWISE, FROM THE AUTHORITY SUBSEQUENT5
TO ITS CREATION UNDER CIRCUMSTANCES NOT RESULTING IN THE6
RESCISSION OR TERMINATION OF THE CONTRACT ESTABLISHING THE7
AUTHORITY PURSUANT TO ITS TERMS . AN AUTHORITY HAS THE DUTIES ,8
PRIVILEGES, IMMUNITIES , RIGHTS , LIABILITIES , AND DISABILITIES OF A9
PUBLIC BODY POLITIC AND CORPORATE.10
(7) Gifts, grants, and donations. A N AUTHORITY MAY SEEK ,11
ACCEPT, AND EXPEND GIFTS , GRANTS, OR DONATIONS FROM PRIVATE OR12
PUBLIC SOURCES FOR THE PURPOSES OF PLANNING , COORDINATING, AND13
IMPLEMENTING REGIONAL STRATEGIES TO REDUCE AND PREVENT14
HOMELESSNESS.15
(8) Bonds. A N AUTHORITY MAY ISSUE REVENUE OR GENERAL16
OBLIGATION BONDS AND MAY PLEDGE ITS REVENUE AND REVENUE-RAISING17
POWERS FOR THE PAYMENT OF SUCH BONDS. SUCH BONDS MUST BE ISSUED18
ON THE TERMS AND SUBJECT TO THE CONDITIONS SET FORTH IN SECTION19
43-4-609. THE BONDS, NOTES, AND OTHER OBLIGATIONS OF AN AUTHORITY20
ARE NOT DEBTS, LIABILITIES, OR OBLIGATIONS OF THE CONTRACTING LOCAL21
GOVERNMENTS.22
(9) Exempt from state taxation. AN AUTHORITY, THE PROPERTY23
OF AN AUTHORITY, THE INCOME OR OTHER REVENUES OF AN AUTHORITY,24
ANY BONDS ISSUED BY AN AUTHORITY , AND THE TRANSFER OF AND THE25
INCOME FROM ANY BONDS ISSUED BY THE AUTHORITY ARE EXEMPT FROM26
ALL TAXATION AND ASSESSMENTS IN THE STATE.27
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(10) Fiscal year spending. 1
(a) F OR THE PURPOSE OF DETERMINING AN AUTHORITY 'S FISCAL2
YEAR SPENDING LIMIT UNDER SECTION 20 (7)(b) OF ARTICLE X OF THE3
STATE CONSTITUTION, THE INITIAL SPENDING BASE OF THE AUTHORITY IS4
THE AMOUNT OF REVENUES COLLECTED BY THE AUTHORITY FROM SOURCES5
NOT EXCLUDED FROM FISCAL YEAR SPENDING PURSUANT TO SECTION 206
(2)(e) OF ARTICLE X OF THE STATE CONSTITUTION DURING THE FIRST FULL7
FISCAL YEAR FOR WHICH THE AUTHORITY COLLECTED REVENUES.8
(b) AS USED IN THIS SUBSECTION (11), "FISCAL YEAR" MEANS ANY9
YEAR-LONG PERIOD USED BY AN AUTHORITY FOR FISCAL ACCOUNTING10
PURPOSES.11
(11) Local governments retain powers. N OTHING IN THIS12
SECTION LIMITS THE POWER OF CONTRACTING LOCAL GOVERNMENTS TO:13
(a) E NTER INTO INTERGOVERNMENTAL COOPERATION OR14
AGREEMENTS OR ESTABLISH SEPARATE LEGAL ENTITIES PURSUANT TO15
SECTION 29-1-203, ARTICLE XX OF THE STATE CONSTITUTION , OR ANY16
OTHER APPLICABLE LAW;17
(b) C ARRY OUT THEIR INDIVIDUAL POWERS UNDER APPLICABLE18
STATUTORY OR CHARTER PROVISIONS; OR19
(c) EXERCISE THE POWERS RESERVED TO CITIES AND TOWNS BY THE20
STATE CONSTITUTION, INCLUDING THE POWER TO ACHIEVE ANY PURPOSE21
OR FUNCTION DESCRIBED IN THIS SECTION.22
SECTION 3. In Colorado Revised Statutes, 39-13-102, add (6)23
as follows:24
39-13-102. Documentary fee imposed - amount - to whom25
payable - legislative declaration - definition.26
(6) (a) A COUNTY MAY DESIGNATE A PORTION OF THE MONEY27
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COLLECTED FROM THE DOCUMENTARY FEE , OTHER THAN THE PORTION1
THAT IS USED TO OFFSET ADMINISTRATIVE COSTS RELATED TO RECORDING2
AND MAINTAINING REAL PROPERTY DEEDS AND INSTRUMENTS , TO BE3
TRANSFERRED TO THE COUNTY GOVERNMENT OR A HOUSING AUTHORITY4
FOR THE PURPOSE OF DEVELOPING , PRESERVING , OR ACQUIRING5
AFFORDABLE HOUSING THAT:6
(I) IS WITHIN THE JURISDICTION OF THE COUNTY GOVERNMENT OR7
HOUSING AUTHORITY;8
(II) IS ALIGNED WITH DEMONSTRATED COMMUNITY NEEDS; AND9
(III) W ILL BE AVAILABLE TO INDIVIDUALS EXPERIENCING10
HOMELESSNESS.11
(b) THE GENERAL ASSEMBLY FINDS AND DECLARES THAT:12
(I) A S THE VOLUME OF REAL ESTATE TRANSACTIONS HAS13
INCREASED SIGNIFICANTLY, REAL ESTATE PRICES AND COSTS HAVE ALSO14
INCREASED, IMPACTING THE AVAILABILITY AND AFFORDABILITY OF15
HOUSING IN COLORADO; AND16
(II) L OCAL GOVERNMENTS SHOULD BE PERMITTED TO USE THE17
DOCUMENTARY FEE TO OFFSET THE ADMINISTRATIVE COSTS ASSOCIATED18
WITH RECORDING AND MAINTAINING REAL PROPERTY DEEDS AND19
INSTRUMENTS AND THE COSTS OF BUILDING AND MAINTAINING20
AFFORDABLE HOUSING.21
SECTION 4. Severability. If any provision of this act or the22
application of this act to any person or circumstance is held invalid, the23
invalidity does not affect other provisions or applications of the act that24
can be given effect without the invalid provision or application, and to this25
end the provisions of this act are declared to be severable.26
SECTION 5. Act subject to petition - effective date. This act27
1202-14-
takes effect at 12:01 a.m. on the day following the expiration of the1
ninety-day period after final adjournment of the general assembly (August2
12, 2026, if adjournment sine die is on May 13, 2026); except that, if a3
referendum petition is filed pursuant to section 1 (3) of article V of the4
state constitution against this act or an item, section, or part of this act5
within such period, then the act, item, section, or part will not take effect6
unless approved by the people at the general election to be held in7
November 2026 and, in such case, will take effect on the date of the8
official declaration of the vote thereon by the governor.9
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