Amendments for HB22-1111
House Journal, February 11
33 HB22-1111 be amended as follows, and as so amended, be referred to
34 the Committee on Appropriations with favorable
35 recommendation:
36
37 Amend printed bill, page 2, strike line 2 and substitute:
38
39 "SECTION 1. In Colorado Revised Statutes, 10-4-110.8, amend
40 (3) introductory portion and (3)(g); and add (3)(h), (3)(i), (13),".
41
42 Page 2, line 7, after "concerning" insert "total".
43
44 Page 2, strike lines 8 and 9 and substitute "scenarios resulting from
45 wildfire disasters - definitions - rules. (3) For the purposes of AS USED
46 in this section, unless the context otherwise requires:
47 (g) "Recoverable depreciation" means the difference between the
48 cost to replace insured property and the actual cash value of the
49 property. (I) "OWNER-OCCUPIED RESIDENCE" MEANS A RESIDENCE THAT
50 IS OCCUPIED PRIMARILY FOR THE USE OF THE OWNER AND THE OWNER'S
51 DESIGNEES.
52 (II) "OWNER-OCCUPIED RESIDENCE" INCLUDES, BUT IS NOT
53 LIMITED TO, AN OWNER-OCCUPIED PRIMARY RESIDENCE.
54
1 (III) "OWNER-OCCUPIED RESIDENCE" DOES NOT INCLUDE ANY
2 PROPERTY THAT IS INSURED UNDER A COMMERCIAL INSURANCE OR
3 AGRIBUSINESS POLICY.
4 (h) "RECOVERABLE DEPRECIATION" MEANS THE DIFFERENCE
5 BETWEEN THE COST TO REPLACE INSURED PROPERTY AND THE ACTUAL
6 CASH VALUE OF THE PROPERTY.
7 (i) "WILDFIRE" MEANS A RAPIDLY SPREADING FIRE THAT IS
8 DIFFICULT TO BRING UNDER CONTROL IN AN AREA THAT INCLUDES
9 COMBUSTIBLE VEGETATION, SUCH AS TREES, GRASS, BRUSH, OR BUSHES,
10 WHICH FIRE CAUSES WIDESPREAD OR SEVERE DAMAGE TO PROPERTY,
11 REGARDLESS OF THE ORIGINAL SOURCE OF IGNITION OF THE FIRE.
12 (13) IN OFFERING, ISSUING, OR RENEWING A PROPERTY AND
13 CASUALTY INSURANCE".
14
15 Page 2, strike lines 13 through 20 and substitute "EVENT OF A TOTAL LOSS
16 OF AN OWNER-OCCUPIED RESIDENCE, INCLUDING THE CONTENTS OF THE
17 OWNER-OCCUPIED RESIDENCE, WHICH LOSS OCCURS AS A RESULT OF A
18 WILDFIRE DISASTER THAT THE GOVERNOR DECLARES PURSUANT TO
19 SECTION 24-33.5-704:
20 (a) A POLICY OF HOMEOWNERS INSURANCE MAY NOT LIMIT OR
21 DENY A PAYMENT OF THE BUILDING CODE UPGRADE COST, INCLUDING A
22 PAYMENT OF ANY EXTENDED REPLACEMENT COST AVAILABLE UNDER THE
23 POLICY COVERAGE, FOR A POLICYHOLDER'S STRUCTURE THAT WAS A
24 TOTAL LOSS ON THE BASIS THAT THE POLICYHOLDER DECIDED TO REBUILD
25 IN A NEW LOCATION OR TO PURCHASE AN EXISTING STRUCTURE IN A NEW
26 LOCATION IF THE POLICY OTHERWISE COVERS THE REPLACEMENT COST OR
27 BUILDING CODE UPGRADE COST; EXCEPT THAT THE MEASURE OF
28 INDEMNITY MAY NOT EXCEED THE REPLACEMENT COST, BUILDING CODE
29 UPGRADE COST, OR EXTENDED REPLACEMENT COST FOR REPAIRING,
30 REBUILDING, OR REPLACING THE STRUCTURE AT THE ORIGINAL LOCATION
31 OF THE LOSS.
32 (b) IF A POLICY OF HOMEOWNERS INSURANCE REQUIRES A
33 POLICYHOLDER TO REPAIR, REBUILD, OR REPLACE DAMAGED OR LOST
34 PROPERTY IN ORDER TO COLLECT THE FULL REPLACEMENT COST FOR THE
35 PROPERTY, THE INSURER, SUBJECT TO THE POLICY LIMITS, SHALL:".
36
37 Reletter succeeding paragraphs accordingly.
38
39 Page 2, line 23, after "INSURED" insert "OWNER-OCCUPIED".
40
41 Page 3, line 2, strike "(13)(a)(I)" and substitute "(13)(b)(I)".
42
43 Page 3, strike lines 5 through 11 and substitute "DILIGENCE, ENCOUNTERS
44 UNAVOIDABLE DELAYS IN OBTAINING A CONSTRUCTION PERMIT, LACKS
45 NECESSARY CONSTRUCTION MATERIALS, LACKS AVAILABLE CONTRACTORS
46 TO PERFORM NECESSARY WORK, OR ENCOUNTERS OTHER CIRCUMSTANCES
47 BEYOND THE POLICYHOLDER'S CONTROL. THIS SUBSECTION (13)(b)(II)
48 DOES NOT PROHIBIT AN INSURER FROM ALLOWING A POLICYHOLDER
49 ADDITIONAL TIME TO COLLECT THE FULL REPLACEMENT COST FOR LOST OR
50 DAMAGED PROPERTY OR FOR ADDITIONAL LIVING EXPENSES.".
51
52 Page 3, line 15, strike "THIRTY-SIX" and substitute "TWENTY-FOUR".
53
54
1 Page 3, strike lines 17 through 26 and substitute "OPPORTUNITY TO TWICE
2 EXTEND SUCH PERIOD BY SIX MONTHS IF THE POLICYHOLDER, ACTING IN
3 GOOD FAITH AND WITH REASONABLE DILIGENCE, ENCOUNTERS A DELAY OR
4 DELAYS IN RECEIVING NECESSARY PERMIT APPROVALS FOR, OR
5 RECONSTRUCTION OF, THE INSURED OWNER-OCCUPIED RESIDENCE, WHICH
6 DELAYS ARE BEYOND THE CONTROL OF THE POLICYHOLDER.
7 (d) THE POLICY MUST PROVIDE THAT, NOTWITHSTANDING
8 SUBSECTION (11)(c) OF THIS SECTION, TO REPLACE PROPERTY AND RECEIVE
9 RECOVERABLE DEPRECIATION ON THAT PROPERTY, AN INSURER SHALL
10 ALLOW THE POLICYHOLDER THE GREATER OF:
11 (I) AT LEAST THREE HUNDRED SIXTY-FIVE DAYS AFTER THE
12 EXPIRATION OF ALE; OR
13 (II) THIRTY-SIX MONTHS AFTER THE INSURER PROVIDES THE
14 POLICYHOLDER THE FIRST PAYMENT TOWARD THE ACTUAL CASH VALUE OF
15 SUCH LOSS.".
16
17 Page 4, line 2, after "INSURED" insert "OWNER-OCCUPIED".
18
19 Page 4, line 4, after "INSURED" insert "OWNER-OCCUPIED".
20
21 Page 4, line 8, strike "LOCATION." and substitute "LOCATION, IN WHICH
22 CASE THE CALCULATION OF THE REPLACEMENT COST OF THE INSURED
23 OWNER-OCCUPIED RESIDENCE SHALL NOT INCLUDE CONSIDERATION OF THE
24 VALUE OF THE LAND UPON WHICH THE EXISTING RESIDENCE IS LOCATED.".
25
26 Page 4, strike line 12 and substitute "REPLACEMENT RESIDENCE IF THE
27 COVERAGE LIMIT THAT APPLIES TO THE POLICYHOLDER'S OWNER-OCCUPIED
28 RESIDENCE IS INSUFFICIENT TO PAY FOR REBUILDING OR REPLACING THE
29 OWNER-OCCUPIED RESIDENCE.".
30
31 Page 4, strike lines 14 through 25 and substitute "CLAIM UNDER AN ISSUED
32 POLICY, AN INSURER SHALL PROVIDE TO THE POLICYHOLDER:
33 (I) APPROPRIATE CONTACT INFORMATION THAT ALLOWS FOR
34 DIRECT CONTACT WITH EITHER AN EMPLOYEE OF THE INSURER OR A
35 REPRESENTATIVE WHO IS CAPABLE OF ELEVATING COMPLAINTS OR
36 INQUIRIES TO AN EMPLOYEE OF THE INSURER;
37 (II) AT LEAST ONE MEANS OF COMMUNICATION DURING REGULAR
38 BUSINESS HOURS; AND
39 (III) A WRITTEN STATUS REPORT IF, WITHIN A SIX-MONTH PERIOD,
40 THE POLICYHOLDER IS ASSIGNED A THIRD OR SUBSEQUENT ADJUSTER TO
41 BE PRIMARILY RESPONSIBLE FOR A CLAIM. THE WRITTEN STATUS REPORT
42 MUST INCLUDE A SUMMARY OF ANY DECISIONS OR ACTIONS THAT ARE
43 SUBSTANTIALLY RELATED TO THE DISPOSITION OF A CLAIM, INCLUDING
44 THE AMOUNT OF LOSSES TO STRUCTURES OR CONTENTS, THE RETENTION
45 OF CONSULTATION OF DESIGN OR CONSTRUCTION PROFESSIONALS, THE
46 AMOUNT OF COVERAGE FOR LOSSES TO STRUCTURES OR CONTENTS, AND
47 ALL ITEMS OF DISPUTE.".
48
49 Page 4 of the bill, strike lines 26 and 27 and substitute:
50
51 "(14) IF A PROPERTY AND CASUALTY INSURANCE POLICYHOLDER
52 EXPERIENCES A TOTAL LOSS OF THE CONTENTS OF AN OWNER-OCCUPIED
53 RESIDENCE THAT WAS DOCUMENTED AS BEING FURNISHED AT THE TIME OF
54 LOSS AS A RESULT OF A WILDFIRE DISASTER THAT IS DECLARED BY THE
55 GOVERNOR PURSUANT TO SECTION 24-33.5-704, THE INSURER SHALL:".
1 Page 5 of the bill, strike lines 1 through 4.
2
3 Page 5, line 6, strike "EIGHTY" and substitute "SIXTY-FIVE".
4
5 Page 5, line 8, strike "VALUE" and substitute "LIMIT".
6
7 Page 5, strike lines 12 and 13 and substitute:
8
9 "(I) ACCEPTANCE OF THE MONEY DESCRIBED IN SUBSECTION
10 (14)(a) OF THIS SECTION DOES NOT CHANGE THE BENEFITS AVAILABLE
11 UNDER THE POLICY;".
12
13 Page 5, line 19, after "(c)" insert "(I)".
14
15 Page 5, line 22, strike "(I)" and substitute "(A)".
16
17 Page 5, strike lines 25 and 26 and substitute:
18
19 "(B) PROVIDE PAYMENT FOR ANY COVERED AND UNDISPUTED
20 ITEMS WITHIN THIRTY DAYS AFTER RECEIVING THE INVENTORY.
21 (II) THE COMMISSIONER SHALL ADOPT RULES TO SIMPLIFY THE
22 PROCESS FOR POLICYHOLDERS TO SUBMIT AN INVENTORY FOR PERSONAL
23 PROPERTY LOSSES AND EXPEDITE REIMBURSEMENT FOR SUCH LOSSES.".
24
25 Page 6, line 1, strike "THIRTY" and substitute "SIXTY".
26
27 Page 6, line 3, after "DEBRIS;" insert "EXCEPT THAT, IN CASES WHERE
28 DEBRIS REMOVAL IS CONDUCTED BY, OR IN COORDINATION WITH,
29 GOVERNMENTAL ENTITIES, PAYMENT FOR COVERED COSTS FOR REMOVAL
30 OF DEBRIS WILL BE PROVIDED WITHIN A REASONABLE AMOUNT OF TIME;".
31
32 Page 6, line 6, strike "THE" and substitute "SUCH".
33
34 Page 6, line 10, strike "REIMBURSE" and substitute "PAY".
35
36 Page 6, line 11, strike "TEN" and substitute "TWENTY".
37
38 Page 6, line 12, strike "THE" and substitute "SUCH".
39
40 Page 6, line 13, strike "OBLIGES" and substitute "OBLIGATES".
41
42 Page 6, line 16, strike "REIMBURSE" and substitute "PAY".
43
44 Page 6, line 23, after "OF" insert "SUBSECTIONS (13) TO (15) OF".
45
46
Senate Journal, February 11
HB22-1111 be amended as follows, and as so amended, be referred to
the Committee on Appropriations with favorable
recommendation:
Amend printed bill, page 2, strike line 2 and substitute:
"SECTION 1. In Colorado Revised Statutes, 10-4-110.8, amend
(3) introductory portion and (3)(g); and add (3)(h), (3)(i), (13),".
Page 2, line 7, after "concerning" insert "total".
Page 2, strike lines 8 and 9 and substitute "scenarios resulting from
wildfire disasters - definitions - rules. (3) For the purposes of AS USED
in this section, unless the context otherwise requires:
(g) "Recoverable depreciation" means the difference between the
cost to replace insured property and the actual cash value of the
property. (I) "OWNER-OCCUPIED RESIDENCE" MEANS A RESIDENCE THAT
IS OCCUPIED PRIMARILY FOR THE USE OF THE OWNER AND THE OWNER'S
DESIGNEES.
(II) "OWNER-OCCUPIED RESIDENCE" INCLUDES, BUT IS NOT
LIMITED TO, AN OWNER-OCCUPIED PRIMARY RESIDENCE.
(III) "OWNER-OCCUPIED RESIDENCE" DOES NOT INCLUDE ANY
PROPERTY THAT IS INSURED UNDER A COMMERCIAL INSURANCE OR
AGRIBUSINESS POLICY.
(h) "RECOVERABLE DEPRECIATION" MEANS THE DIFFERENCE
BETWEEN THE COST TO REPLACE INSURED PROPERTY AND THE ACTUAL
CASH VALUE OF THE PROPERTY.
(i) "WILDFIRE" MEANS A RAPIDLY SPREADING FIRE THAT IS
DIFFICULT TO BRING UNDER CONTROL IN AN AREA THAT INCLUDES
COMBUSTIBLE VEGETATION, SUCH AS TREES, GRASS, BRUSH, OR BUSHES,
WHICH FIRE CAUSES WIDESPREAD OR SEVERE DAMAGE TO PROPERTY,
REGARDLESS OF THE ORIGINAL SOURCE OF IGNITION OF THE FIRE.
(13) IN OFFERING, ISSUING, OR RENEWING A PROPERTY AND
CASUALTY INSURANCE".
Page 2, strike lines 13 through 20 and substitute "EVENT OF A TOTAL LOSS
OF AN OWNER-OCCUPIED RESIDENCE, INCLUDING THE CONTENTS OF THE
OWNER-OCCUPIED RESIDENCE, WHICH LOSS OCCURS AS A RESULT OF A
WILDFIRE DISASTER THAT THE GOVERNOR DECLARES PURSUANT TO
SECTION 24-33.5-704:
(a) A POLICY OF HOMEOWNERS INSURANCE MAY NOT LIMIT OR
DENY A PAYMENT OF THE BUILDING CODE UPGRADE COST, INCLUDING A
PAYMENT OF ANY EXTENDED REPLACEMENT COST AVAILABLE UNDER THE
POLICY COVERAGE, FOR A POLICYHOLDER'S STRUCTURE THAT WAS A
TOTAL LOSS ON THE BASIS THAT THE POLICYHOLDER DECIDED TO REBUILD
IN A NEW LOCATION OR TO PURCHASE AN EXISTING STRUCTURE IN A NEW
LOCATION IF THE POLICY OTHERWISE COVERS THE REPLACEMENT COST OR
BUILDING CODE UPGRADE COST; EXCEPT THAT THE MEASURE OF
INDEMNITY MAY NOT EXCEED THE REPLACEMENT COST, BUILDING CODE
UPGRADE COST, OR EXTENDED REPLACEMENT COST FOR REPAIRING,
REBUILDING, OR REPLACING THE STRUCTURE AT THE ORIGINAL LOCATION
OF THE LOSS.
(b) IF A POLICY OF HOMEOWNERS INSURANCE REQUIRES A
POLICYHOLDER TO REPAIR, REBUILD, OR REPLACE DAMAGED OR LOST
PROPERTY IN ORDER TO COLLECT THE FULL REPLACEMENT COST FOR THE
PROPERTY, THE INSURER, SUBJECT TO THE POLICY LIMITS, SHALL:".
Reletter succeeding paragraphs accordingly.
Page 2, line 23, after "INSURED" insert "OWNER-OCCUPIED".
Page 3, line 2, strike "(13)(a)(I)" and substitute "(13)(b)(I)".
Page 3, strike lines 5 through 11 and substitute "DILIGENCE, ENCOUNTERS
UNAVOIDABLE DELAYS IN OBTAINING A CONSTRUCTION PERMIT, LACKS
NECESSARY CONSTRUCTION MATERIALS, LACKS AVAILABLE CONTRACTORS
TO PERFORM NECESSARY WORK, OR ENCOUNTERS OTHER CIRCUMSTANCES
BEYOND THE POLICYHOLDER'S CONTROL. THIS SUBSECTION (13)(b)(II)
DOES NOT PROHIBIT AN INSURER FROM ALLOWING A POLICYHOLDER
ADDITIONAL TIME TO COLLECT THE FULL REPLACEMENT COST FOR LOST OR
DAMAGED PROPERTY OR FOR ADDITIONAL LIVING EXPENSES.".
Page 3, line 15, strike "THIRTY-SIX" and substitute "TWENTY-FOUR".
Page 3, strike lines 17 through 26 and substitute "OPPORTUNITY TO TWICE
EXTEND SUCH PERIOD BY SIX MONTHS IF THE POLICYHOLDER, ACTING IN
GOOD FAITH AND WITH REASONABLE DILIGENCE, ENCOUNTERS A DELAY OR
DELAYS IN RECEIVING NECESSARY PERMIT APPROVALS FOR, OR
RECONSTRUCTION OF, THE INSURED OWNER-OCCUPIED RESIDENCE, WHICH
DELAYS ARE BEYOND THE CONTROL OF THE POLICYHOLDER.
(d) THE POLICY MUST PROVIDE THAT, NOTWITHSTANDING
SUBSECTION (11)(c) OF THIS SECTION, TO REPLACE PROPERTY AND RECEIVE
RECOVERABLE DEPRECIATION ON THAT PROPERTY, AN INSURER SHALL
ALLOW THE POLICYHOLDER THE GREATER OF:
(I) AT LEAST THREE HUNDRED SIXTY-FIVE DAYS AFTER THE
EXPIRATION OF ALE; OR
(II) THIRTY-SIX MONTHS AFTER THE INSURER PROVIDES THE
POLICYHOLDER THE FIRST PAYMENT TOWARD THE ACTUAL CASH VALUE OF
SUCH LOSS.".
Page 4, line 2, after "INSURED" insert "OWNER-OCCUPIED".
Page 4, line 4, after "INSURED" insert "OWNER-OCCUPIED".
Page 4, line 8, strike "LOCATION." and substitute "LOCATION, IN WHICH
CASE THE CALCULATION OF THE REPLACEMENT COST OF THE INSURED
OWNER-OCCUPIED RESIDENCE SHALL NOT INCLUDE CONSIDERATION OF THE
VALUE OF THE LAND UPON WHICH THE EXISTING RESIDENCE IS LOCATED.".
Page 4, strike line 12 and substitute "REPLACEMENT RESIDENCE IF THE
COVERAGE LIMIT THAT APPLIES TO THE POLICYHOLDER'S OWNER-OCCUPIED
RESIDENCE IS INSUFFICIENT TO PAY FOR REBUILDING OR REPLACING THE
OWNER-OCCUPIED RESIDENCE.".
Page 4, strike lines 14 through 25 and substitute "CLAIM UNDER AN ISSUED
POLICY, AN INSURER SHALL PROVIDE TO THE POLICYHOLDER:
(I) APPROPRIATE CONTACT INFORMATION THAT ALLOWS FOR
DIRECT CONTACT WITH EITHER AN EMPLOYEE OF THE INSURER OR A
REPRESENTATIVE WHO IS CAPABLE OF ELEVATING COMPLAINTS OR
INQUIRIES TO AN EMPLOYEE OF THE INSURER;
(II) AT LEAST ONE MEANS OF COMMUNICATION DURING REGULAR
BUSINESS HOURS; AND
(III) A WRITTEN STATUS REPORT IF, WITHIN A SIX-MONTH PERIOD,
THE POLICYHOLDER IS ASSIGNED A THIRD OR SUBSEQUENT ADJUSTER TO
BE PRIMARILY RESPONSIBLE FOR A CLAIM. THE WRITTEN STATUS REPORT
MUST INCLUDE A SUMMARY OF ANY DECISIONS OR ACTIONS THAT ARE
SUBSTANTIALLY RELATED TO THE DISPOSITION OF A CLAIM, INCLUDING
THE AMOUNT OF LOSSES TO STRUCTURES OR CONTENTS, THE RETENTION
OF CONSULTATION OF DESIGN OR CONSTRUCTION PROFESSIONALS, THE
AMOUNT OF COVERAGE FOR LOSSES TO STRUCTURES OR CONTENTS, AND
ALL ITEMS OF DISPUTE.".
Page 4 of the bill, strike lines 26 and 27 and substitute:
"(14) IF A PROPERTY AND CASUALTY INSURANCE POLICYHOLDER
EXPERIENCES A TOTAL LOSS OF THE CONTENTS OF AN OWNER-OCCUPIED
RESIDENCE THAT WAS DOCUMENTED AS BEING FURNISHED AT THE TIME OF
LOSS AS A RESULT OF A WILDFIRE DISASTER THAT IS DECLARED BY THE
GOVERNOR PURSUANT TO SECTION 24-33.5-704, THE INSURER SHALL:".
Page 5 of the bill, strike lines 1 through 4.
Page 5, line 6, strike "EIGHTY" and substitute "SIXTY-FIVE".
Page 5, line 8, strike "VALUE" and substitute "LIMIT".
Page 5, strike lines 12 and 13 and substitute:
"(I) ACCEPTANCE OF THE MONEY DESCRIBED IN SUBSECTION
(14)(a) OF THIS SECTION DOES NOT CHANGE THE BENEFITS AVAILABLE
UNDER THE POLICY;".
Page 5, line 19, after "(c)" insert "(I)".
Page 5, line 22, strike "(I)" and substitute "(A)".
Page 5, strike lines 25 and 26 and substitute:
"(B) PROVIDE PAYMENT FOR ANY COVERED AND UNDISPUTED
ITEMS WITHIN THIRTY DAYS AFTER RECEIVING THE INVENTORY.
(II) THE COMMISSIONER SHALL ADOPT RULES TO SIMPLIFY THE
PROCESS FOR POLICYHOLDERS TO SUBMIT AN INVENTORY FOR PERSONAL
PROPERTY LOSSES AND EXPEDITE REIMBURSEMENT FOR SUCH LOSSES.".
Page 6, line 1, strike "THIRTY" and substitute "SIXTY".
Page 6, line 3, after "DEBRIS;" insert "EXCEPT THAT, IN CASES WHERE
DEBRIS REMOVAL IS CONDUCTED BY, OR IN COORDINATION WITH,
GOVERNMENTAL ENTITIES, PAYMENT FOR COVERED COSTS FOR REMOVAL
OF DEBRIS WILL BE PROVIDED WITHIN A REASONABLE AMOUNT OF TIME;".
Page 6, line 6, strike "THE" and substitute "SUCH".
Page 6, line 10, strike "REIMBURSE" and substitute "PAY".
Page 6, line 11, strike "TEN" and substitute "TWENTY".
Page 6, line 12, strike "THE" and substitute "SUCH".
Page 6, line 13, strike "OBLIGES" and substitute "OBLIGATES".
Page 6, line 16, strike "REIMBURSE" and substitute "PAY".
Page 6, line 23, after "OF" insert "SUBSECTIONS (13) TO (15) OF".
House Journal, March 11
22 HB22-1111 be amended as follows, and as so amended, be referred to
23 the Committee of the Whole with favorable
24 recommendation:
25
26 Amend printed bill, page 6, after line 23 insert:
27
28 "SECTION 2. Appropriation. (1) For the 2022-23 state fiscal
29 year, $66,781 is appropriated to the department of regulatory agencies for
30 use by the division of insurance. This appropriation is from the division
31 of insurance cash fund created in section 10-1-103 (3), C.R.S. To
32 implement this act, the division may use this appropriation as follows:
33 (a) $59,231 for personal services, which amount is based on an
34 assumption that the division will require an additional 1.0 FTE; and
35 (b) $7,550 for operating expenses.".
36
37 Renumber succeeding section accordingly.
38
39 Page 1, line 102, strike "DISASTER." and substitute "DISASTER, AND, IN
40 CONNECTION THEREWITH, MAKING AN APPROPRIATION.".
41
42
House Journal, March 15
32 Amendment No. 1, by Appropriations Report, dated March 11, 2022, and
33 placed in member’s bill file; Report also printed in House Journal,
34 March 11, 2022.
35
36 Amendment No. 2, Business Affairs & Labor Report, dated February 10,
37 2022, and placed in member’s bill file; Report also printed in House
38 Journal, February 11, 2022.
39
40 Amendment No. 3, by Amabile.
41
42 Amend the Business Affairs and Labor Committee Report, dated
43 February 10, 2022, page 2, strike lines 1 and 2 and substitute:
44
45 "(13) IN OFFERING, ISSUING, OR RENEWING A HOMEOWNERS
46 INSURANCE".
47
48 Page 2 of the bill, line 11, before "REQUIREMENTS" insert "MINIMUM".".
49
50 Page 2 of the committee report, line 9, strike "COST, INCLUDING A" and
51 substitute "COST OR A".
52
53
1 Page 2 of the committee report, line 11, strike "COVERAGE," and
2 substitute "COVERAGE".
3
4 Page 2 of the committee report, strike lines 16 and 17 and substitute
5 "INDEMNITY MAY NOT EXCEED THE REPLACEMENT COST, INCLUDING THE
6 UPGRADE COSTS AND EXTENDED REPLACEMENT COST FOR REPAIRING,".
7
8 Page 3 of the committee report, strike line 14 and substitute "SUCH LOSS.
9 (e) THE POLICY MUST PROVIDE THAT THE INSURER WILL PAY THE
10 POLICYHOLDER FOR THE LOSS OF USE OF THE INSURED PROPERTY WITHIN
11 TWENTY DAYS AFTER THE INSURER RECEIVES DOCUMENTATION OF SUCH
12 LOSS, WHICH DOCUMENTATION MAY INCLUDE A SIGNED LEASE THAT
13 OBLIGATES THE POLICYHOLDER TO PAY FOR TEMPORARY REPLACEMENT
14 HOUSING; EXCEPT THAT:
15 (I) IF A POLICYHOLDER PROVIDES A SIGNED LEASE AS
16 DOCUMENTATION, THE INSURER MAY PAY THE POLICYHOLDER IN MONTHLY
17 OR OTHER INCREMENTS, IN ACCORDANCE WITH THE TERMS OF THE LEASE;
18 AND
19 (II) ALTERNATIVELY, AN INSURER MAY PROVIDE ADVANCE RENT
20 PAYMENTS FOR HOUSING FOR THE POLICYHOLDER, FAMILY MEMBERS,
21 LIVESTOCK, AND PETS, AS NECESSARY.".
22
23 Reletter succeeding paragraphs accordingly.".
24
25 Page 4 of the committee report, line 5, strike "PROPERTY AND CASUALTY"
26 and substitute "HOMEOWNERS".
27
28 Page 4 of the committee report, line 29, strike "TIME;"." and substitute
29 "TIME; AND".".
30
31 Page 5 of the committee report, strike lines 2 through 7 and substitute:
32 "Page 6 of the bill, strike lines 9 through 21 and substitute "DESTROYED.".
33
34 Page 6, strike line 23 and substitute:
35
36 "WILDFIRE DISASTERS THAT THE GOVERNOR DECLARES PURSUANT TO
37 SECTION 24-33.5-704 AND FOR THE IMPLEMENTATION OF SUBSECTIONS
38 (13) AND (14) OF THIS SECTION.".".
39
40 As amended, ordered engrossed and placed on the Calendar for Third
41 Reading and Final Passage.
42
Senate Journal, April 12
After consideration on the merits, the Committee recommends that HB22-1111 be
amended as follows, and as so amended, be referred to the Committee on Appropriations
with favorable recommendation.
Amend reengrossed bill, page 4, line 1, strike "TWENTY-FOUR" and substitute
"THIRTY-SIX".
Page 4, strike lines 4 through 6 and substitute "DATE UPON WHICH THE INSURER
PROVIDES THE INITIAL PAYMENT TOWARD THE ACTUAL CASH VALUE OF THE
DAMAGE OR LOSS; AND".
Page 5, line 4, after "REPLACE" insert "PERSONAL".
Page 6, line 11, strike "PROCEEDS" and substitute "CLAIMS PAYMENTS".
Page 6, line 16, after "RESIDENCE." add "ANY CLAIMS PAYMENTS FOR LOSSES
PURSUANT TO THIS SUBSECTION (13)(g) FOR WHICH REPLACEMENT COST
COVERAGE IS APPLICABLE SHALL BE FOR THE FULL REPLACEMENT VALUE OF THE
LOSS WITHOUT REQUIRING ACTUAL REPLACEMENT OF THE OTHER STRUCTURES.
CLAIMS PAYMENTS FOR OTHER STRUCTURES IN EXCESS OF THE AMOUNT APPLIED
TOWARD THE NECESSARY COST TO REBUILD OR REPLACE THE DAMAGED OR
DESTROYED DWELLING SHALL BE PAID ACCORDING TO THE TERMS OF THE
POLICY.".
Health & The Committee on Health & Human Services has had under consideration and has had a
Human hearing on the following appointment and recommends that the appointment be placed
Services on the consent calendar and confirmed:
MEMBER OF THE
COLORADO MEDICAL SERVICES BOARD
for a term expiring July 1, 2025:
William Vaden Kinnard of Boulder, Colorado, to serve as an Unaffiliated from the
Second Congressional District, and as a person with knowledge of medical assistance
programs, appointed;
Health &
Human
Services