On Friday, May 31st, Governor Polis vetoed a house bill (along with 4 other unrelated bills) aimed at extending licensing requirements for Colorado HOA managers. The veto of HB19-1212 will directly impact the 44% of homeowners who live in homes governed by HOAs. Here's what you need to know about the failed extension of Colorado's existing licensing requirements for HOA managers.
Previous HOA Management licensing requirements included:
- Certification via coursework
- Successful completion of a Colorado law examination
- Continued education
By vetoing HB19-1212, Polis ensured that previous legislature requiring CAM (Community Association Manager) licensing will lapse. Effectively, starting this June, Community Association Managers will not need any type of licensing to perform their duties.
The impacts the elimination of HOA Management licensing in Colorado will likely result in:
- Lack of safety and reporting standards for HOA managers
- Less structure and support around disciplining negative actions
- Easier access to HOA management positions for those who can't afford licensure
Polis justified his veto by calling the licensure requirements œoutdated [and] counterproductive, pointing to the potential cost savings for consumers while his spokeswoman, Shelby Wieman, pointed to the cost restrictions of entering HOA management under the licensure regulations. Wieman asserted the Governor's belief that the veto of HB19-1212 will make HOA management careers more widely available to Colorado residents of varying socio-economic status.
Proponents of the bill wonder what motivated Polis's decision, given the legislation's bipartisan support and the Democratic party's work toward passing the bill. Critics of the veto decision fear the impending outcomes of this loss of consumer protection.
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