House bill that caps pet rent and deposits passes Senate

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House bill that caps pet rent and deposits passes Senate
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It's a bill that would significantly reduce the amount of pet rent and deposits that you'd have to pay in Colorado. The House is set to approve a final version before it heads to the governor's desk. Here's how it would impact you.

DENVER — The House is set to approve the final version on Monday before sending it to Governor Jared Polis.

House Bill 23-1068 aims to ease the financial burden. Pet rent can only be 1.5% of the full rent amount, or $35, whichever is higher. The maximum pet deposit will be $300 and it must be refundable. The state will create a pet friendly landlord damage mitigation program that will reimburse the landlord up to $1,000 for damages caused by tenant pets.

Some of his properties are pet friendly, he's even made investments in properties to put in dog runs and pet doors. In other properties without yards, he does not allow dogs. He said he's not too concerned about the changes.

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