SENATE 3rd Reading Unamended April 10, 2015 SENATE Amended 2nd Reading April 9, 2015First Regular Session Seventieth General Assembly STATE OF COLORADO REENGROSSED This Version Includes All Amendments Adopted in the House of Introduction LLS NO. 15-0521.01 Bart Miller x2173 SENATE BILL 15-091 SENATE SPONSORSHIP Scott, HOUSE SPONSORSHIP Willett, Senate Committees House Committees State, Veterans, & Military Affairs A BILL FOR AN ACT Concerning a reduction in the statutory limitation period applicable to legal actions for construction defects on improvements to real property. 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.) The bill reduces the maximum statutory limitation period for an action against an architect, contractor, builder or builder vendor, engineer, or inspector performing or furnishing the design, planning, supervision, inspection, construction, or observation of construction of any improvement to real property from 8 years to 4 years. Be it enacted by the General Assembly of the State of Colorado: SECTION 1. In Colorado Revised Statutes, 13-80-104, amend (1) (a) and (2); and add (1.5) as follows: 13-80-104. Limitation of actions against architects, contractors, builders or builder vendors, engineers, inspectors, and others. (1) (a) Notwithstanding Except as provided in subsection (1.5) of this section, notwithstanding any statutory provision to the contrary, all actions against any architect, contractor, builder or builder vendor, engineer, or inspector performing or furnishing the design, planning, supervision, inspection, construction, or observation of construction of any improvement to real property shall be brought within the time provided in section 13-80-102 after the claim for relief arises, and not thereafter, but in no case shall such an action be brought more than six years after the substantial completion of the improvement to the real property, except as provided in subsection (2) of this section. (1.5) (a) Notwithstanding any provision of subsection (1) of this section to the contrary, all actions against any architect, contractor, builder or builder vendor, engineer, or inspector performing or furnishing the design, planning, supervision, inspection, construction, or observation of construction of any improvement to single-family detached residential real property shall be brought within the time provided in section 13-80-102 after the claim for relief arises, and not thereafter, but in no case shall such an action be brought more than five years after the substantial completion of the improvement to the real property, except as provided in subsection (2) of this section. (b) If a cause of action subject to this subsection (1.5) arises during the fourth or fifth year after substantial completion of the improvement to single-family detached residential real property, the action must be brought within one year after the date upon which the cause of action arises. (2) Except as provided in subsection (1.5) of this section, in case any such cause of action arises during the fifth or sixth year after substantial completion of the improvement to real property, said action shall be brought within one year after the date upon which the cause of action arises. SECTION 2. Act subject to petition - effective date - applicability. (1) This act takes effect at 12:01 a.m. on the day following the expiration of the ninety-day period after final adjournment of the general assembly (August 5, 2015, if adjournment sine die is on May 6, 2015); except that, if a referendum petition is filed pursuant to section 1 (3) of article V of the state constitution against this act or an item, section, or part of this act within such period, then the act, item, section, or part will not take effect unless approved by the people at the general election to be held in November 2016 and, in such case, will take effect on the date of the official declaration of the vote thereon by the governor. (2) This act applies to causes of action against an architect, contractor, builder or builder vendor, engineer, or inspector performing or furnishing the design, planning, supervision, inspection, construction, or observation of construction of any improvement to real property on or after the applicable effective date of this act.