summary
Introduced
04/09/2024
04/09/2024
In Committee
04/30/2024
04/30/2024
Crossed Over
05/21/2024
05/21/2024
Passed
05/21/2024
05/21/2024
Dead
Signed/Enacted/Adopted
06/06/2024
06/06/2024
Introduced Session
2024 Regular Session
Bill Summary
CONCERNING FEES TO WHICH PUBLIC TRUSTEES ARE ENTITLED FOR PERFORMING SERVICES CONFERRED UPON THEM BY STATUTE.
AI Summary
This bill amends the existing law in Colorado Revised Statutes 38-37-104 to adjust the fees that public trustees are entitled to receive for performing various services, such as executing a release of a deed of trust, performing a foreclosure, processing redemptions and withdrawals, and other duties. The bill increases most of the existing fee amounts and also adds a new fee for processing a sale when the holder of the certificate of purchase is not the holder of the evidence of debt. Additionally, the bill includes provisions for the Director of Research of the Legislative Council to adjust the fee amounts every two years to reflect inflation, with the adjusted fees rounded up to the nearest whole dollar. The bill takes effect on July 1, 2024 and applies to fees that public trustees are entitled to receive on or after that date.
Committee Categories
Housing and Urban Affairs
Sponsors (9)
Joann Ginal (D)*,
Cathy Kipp (D)*,
Janice Rich (R)*,
Rick Taggart (R)*,
Tim Hernández (D),
Mandy Lindsay (D),
Kevin Priola (D),
Naquetta Ricks (D),
Perry Will (R),
Last Action
Governor Signed (on 06/06/2024)
Official Document
bill text
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bill summary
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bill summary
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