Colorado House Bill 1098
Session 2026A
Public Trustee Act Foreclosure Procedures
Introduced
Introduced in House on Feb 3, 2026
Sponsors
4 Sponsors
M. Brooks
R. Stewart
L. Frizell
C. Kipp
First Action
Feb 3, 2026
Latest Action
Feb 27, 2026
Origin Chamber
House
Type
Bill
Bill Number
1098
State
Colorado
Session
2026A
C. Kipp
grade
Sponsor
L. Frizell
grade
Sponsor
M. Brooks
grade
Sponsor
R. Stewart
grade
Sponsor
checkPassed on February 24, 2026
Motion Text
Refer House Bill 26-1098, as amended, to the Committee of the Whole.
House Roll Call Votes
Summary
The bill makes modifications related to foreclosure procedures in the "Colorado Public Trustee Act" to:Set the salary of the public trustee in counties where the county treasurer serves as the public trustee;Eliminate the requirement that a public trustee make certain statements to the board of county commissioners under oath;Repeal the requirement that a public trustee appointed by the governor be subject to the state "Procurement Code";Clarify the source of funds used to pay a public trustee; Repeal the definition of "certified copy" and references thereto;Define "nonmaterial misstatement";Clarify the date by which the public trustee or sheriff conducting a foreclosure (officer) must mail the combined notice of sale, right to cure, and right to redeem to persons on an amended mailing list;Clarify that a junior lienor is entitled to cure the default if the junior lienor files with the officer;Specify that unclaimed remaining amount for which a property is sold at a foreclosure sale that is in excess of the bid amount may be transferred to the state treasurer for disposition or held by the county treasurer pursuant to the terms of a county resolution regarding unclaimed funds;Add a requirement regarding redemption that specifies that if a lien is assigned, the holder's rights are valid only if the assignment of the lien is duly recorded at least 15 calendar days prior to the date of sale; Clarify an omitted party's rights after a foreclosure sale; andSpecify when an omitted party's interest may be terminated.(Note: This summary applies to this bill as introduced.)
Committee Report for Transportation, Housing & Local Government on 02/24/2026
Sort by most recent
02/27/2026
House
House Third Reading Laid Over Daily - No Amendments
02/26/2026
House
House Second Reading Special Order - Passed with Amendments - Committee
02/24/2026
House
House Committee on Transportation, Housing & Local Government Refer Amended to House Committee of the Whole
02/03/2026
House
Introduced In House - Assigned to Transportation, Housing & Local Government
Sources
CO Legislature
Record Created
Feb 4, 2026 4:52:45 PM
Record Updated
Feb 27, 2026 9:06:06 PM