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ColoradoSB26-0542026 Regular SessionSenateWALLET

Security Deposits & Post-Closing Occupancy Agreements

Sponsored By: Chris Richardson (Republican), Marc Catlin (Republican), Marc Snyder (Democratic), Naquetta Ricks (Democratic)

Signed by Governor

Housing

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Higher deposits for sellers staying after closing

Colorado keeps its two-month-rent security deposit cap for ordinary rentals. Beginning November 1, 2026, that cap does not apply to buyer-seller agreements allowing the seller to stay after closing. Beginning January 1, 2027, a separate exception covers landlords who buy the residence from their tenant under the same purchase contract. The landlord and tenant must sign a post-closing occupancy agreement under that contract. These exceptions allow deposits above two months’ rent; the law does not set a replacement limit. The act also provides for rulemaking. Its general effective date is 12:01 a.m. the day after 90 days following the legislature’s final adjournment. A referendum petition delays effectiveness until voter approval at the November 2026 election and the governor’s declaration of the vote. Without voter approval in that referendum, the act does not take effect.

Sponsors & Cosponsors

Sponsors

  • Chris Richardson

    Republican • House

  • Marc Catlin

    Republican • Senate

  • Marc Snyder

    Democratic • Senate

  • Naquetta Ricks

    Democratic • House

Cosponsors

  • Junie Joseph

    Democratic • House

  • Cathy Kipp

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 114 • No: 0

House vote • 4/2/2026

Third reading: Bill

Yes: 64 • No: 0

House vote • 3/24/2026

Refer Senate Bill 26-054 to the Committee of the Whole.

Yes: 13 • No: 0

Senate vote • 2/19/2026

Third reading: Bill

Yes: 30 • No: 0

Senate vote • 2/12/2026

Refer Senate Bill 26-054, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

Yes: 7 • No: 0

Actions Timeline

  1. Governor Signed

    4/20/2026House

  2. Sent to the Governor

    4/8/2026House

  3. Signed by the President of the Senate

    4/7/2026Senate

  4. Signed by the Speaker of the House

    4/7/2026House

  5. House Third Reading Passed - No Amendments

    4/2/2026House

  6. House Third Reading Laid Over Daily - No Amendments

    4/1/2026House

  7. House Second Reading Special Order - Passed - No Amendments

    3/31/2026House

  8. House Second Reading Laid Over Daily - No Amendments

    3/27/2026House

  9. House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the Whole

    3/24/2026House

  10. Senate Third Reading Passed - No Amendments

    2/19/2026Senate

  11. Introduced In House - Assigned to Transportation, Housing & Local Government

    2/19/2026House

  12. Senate Second Reading Passed with Amendments - Committee

    2/18/2026Senate

  13. Senate Committee on Local Government & Housing Refer Amended - Consent Calendar to Senate Committee of the Whole

    2/12/2026Senate

  14. Introduced In Senate - Assigned to Local Government & Housing

    1/27/2026Senate

Bill Text

  • Engrossed

    PDF

  • Final Act

    PDF

  • Introduced

    PDF

  • Reengrossed

    PDF

  • Rerevised

    PDF

  • Revised

    PDF

  • Senate Local Government & Housing Preamend

    PDF

  • Signed Act

    PDF

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