Senate Committee of Reference Report

Committee on Finance

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This is text that is removed from law.

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April 14, 2026

After consideration on the merits, the Committee recommends the following:

SB26-155     be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:

Page 1, Line 1Amend printed bill, page 6, line 14, after "an" insert "admitted or

Page 1, Line 2authorized".

Page 1, Line 3Page 6, line 15, strike "state." and substitute "state and is subject to

Page 1, Line 4the Colorado division of insurance statistical report, line 4.".

Page 1, Line 5Page 9, strike lines 4 and 5 and substitute:

Page 1, Line 6"(E)  One member with technical expertise in homeowner's

Page 1, Line 7insurance, such as expertise in underwriting, actuarial analysis,

Page 1, Line 8or claims handling, or expertise in home hardening.".

Page 1, Line 9Page 12, strike line 27 and substitute:

Page 1, Line 10"(e)  The board may request information from insurers

Page 1, Line 11about policies and contracts only to the extent the information

Page 1, Line 12is reasonably necessary to administer the grant program, impose

Page 1, Line 13and collect the fee, or implement other requirements in this part

Page 1, Line 1420. Insurer data requests shall be coordinated through the

Page 1, Line 15division and, to the extent practicable, be limited to information

Page 1, Line 16already collected by the division or available through existing

Page 1, Line 17regulatory reporting.".

Page 1, Line 18Page 13, strike lines 1 through 7.

Page 1, Line 19Page 15, strike lines 23 through 25 and substitute:

Page 1, Line 20"(e)  Construct a roof that meets resilient roof system

Page 2, Line 1standards; and".

Page 2, Line 2Page 19, after line 4 insert:

Page 2, Line 3"(4)  The division shall submit the study required by

Page 2, Line 4subsections (1) and (2) of this section to the house of

Page 2, Line 5representatives transportation, housing, and local government

Page 2, Line 6committee and the senate local government and housing

Page 2, Line 7committee, or their successor committees, and shall publish the

Page 2, Line 8study on the division's website.".

Page 2, Line 9Renumber succeeding subsection accordingly.

Page 2, Line 10Page 19, strike lines 10 through 18 and substitute:

Page 2, Line 11"(1.2)  No sooner than January 1, 2027, and upon the

Page 2, Line 12commissioner adopting rules, an insurer offering multiperil

Page 2, Line 13homeowner's insurance for property or risks located in the

Page 2, Line 14state shall submit an annual filing to the commissioner. The

Page 2, Line 15annual filing must include an exhibit reporting:

Page 2, Line 16(a)  The number of policies in force;

Page 2, Line 17(b)  The number of homes that have installed a resilient

Page 2, Line 18roof system;

Page 2, Line 19(c)  The discount applied to homes due to the presence of a

Page 2, Line 20resilient roof system; and

Page 2, Line 21(d)  The wind and hail claims frequency and severity for

Page 2, Line 22homes with and without a resilient roof system.".