First Regular Session Seventieth General Assembly STATE OF COLORADO INTRODUCED LLS NO. 15-0388.02 Jerry Barry x4341 HOUSE BILL 15-1293 HOUSE SPONSORSHIP McCann, Buckner, Court, Fields, Kagan, Lebsock, Lee, Primavera, Salazar SENATE SPONSORSHIP Aguilar, House Committees Senate Committees Business Affairs and Labor A BILL FOR AN ACT Concerning the statute of limitations for actions related to rent. Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://www.leg.state.co.us/billsummaries.) Current law provides a 6-year statute of limitations for bringing an action for rent, but tenants have a 3-year statute of limitations to bring an action on a lease. The bill changes the statute of limitations to 3 years for both actions for rent and counterclaims or offsets related to the action for rent. Be it enacted by the General Assembly of the State of Colorado: SECTION 1. In Colorado Revised Statutes, 13-80-101, add (1) (q) as follows: 13-80-101. General limitation of actions - three years. (1) The following civil actions, regardless of the theory upon which suit is brought, or against whom suit is brought, shall be commenced within three years after the cause of action accrues, and not thereafter: (q) All actions for arrears of rent and any counterclaim or offset related to the action for arrears of rent. SECTION 2. In Colorado Revised Statutes, 13-80-103.5, repeal (1) (b) as follows: 13-80-103.5. General limitation of actions - six years. (1) The following actions shall be commenced within six years after the cause of action accrues and not thereafter: (b) All actions for arrears of rent; SECTION 3. Effective date - applicability. This act takes effect July 1, 2015, and applies to causes of action arising on or after said date. SECTION 4. Safety clause. The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.