Colorado Capitol Watch
border Logo hdr_right_bottom

Bill Detail: HB20-1161

Return to list of bills


Title Private Activity Bond Allocation
Status Governor Signed (03/20/2020)
Bill Subjects
  • State Government
House Sponsors S. Bird (D)
Senate Sponsors F. Winter (D)
J. Tate (R)
House Committee Finance
Senate Committee Finance
Date Introduced 01/21/2020

Federal law limits the amount of tax-exempt private activity bonds

that may issued within each state and allows each state to provide by law
a formula for allocating the limited amount of bonding authority among
eligible bond issuers. Sections 1 and 2 of the bill eliminate the bond
allocation committee that currently reviews and makes recommendations
to the executive director of the department of local affairs (DOLA)
regarding statewide priorities for the allocation of the limited amount of
bonding authority and requires the state housing board to conduct the
review and make the recommendations. Section 3 eliminates a cap on the
amount of the direct allocation fee paid to DOLA by bond issuers that use
the direct allocation of bonding authority to issue private activity bonds
or that make a mortgage credit certificate election and eliminates the
executive director's authority to promulgate rules to implement the
statutes that govern private activity bond allocation.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (02/05/2020) (most recent)  
Additional Bill Documents Bill Documents
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
Lobbyists Lobbyists
Votes House and Senate Votes
Vote Totals Vote Totals by Party
border   border
Copyright © 2019 State Capitol Watch