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Colorado: Governor Polis Signs Laws Saving Coloradans Money on Homeowners Insurance, Supporting Students, and Expanding Pathways For Natural Medicine

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DENVER ~ Denver - In a move to make homeowners insurance more affordable for Coloradans, Governor Jared Polis signed several bills into law today. These laws aim to lower the cost of homeowners insurance, invest in early childhood education careers and care, and expand pathways for natural medicine.

One of the bills signed by Governor Polis is SB26-155, also known as the Increase Access Homeowner's Insurance Enterprise. This bill, sponsored by Speaker Julie McCluskie and Representative Kyle Brown, along with Senators Kyle Mullica and Janice Marchman, will make it easier for Coloradans to obtain hail-proof roofs and home hardening against hail and wildfire. This will not only decrease premiums but also increase market competition in high-wildfire areas. The goal is to save Coloradans an average of $800 each year on homeowners insurance, moving Colorado from the 6th most expensive state for homeowners insurance to 13th by the end of next year.

Governor Polis expressed his support for this bill, stating that "Homeowners insurance costs too much, and today's action will save people money." He also commended the sponsors and advocates for their efforts in championing this bill.

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Another bill signed by Governor Polis is HB26-1325 - Natural Medicine. This bipartisan bill, sponsored by Representatives Jarvis Caldwell and Lisa Feret, along with Senators Matt Ball and Rod Pelton, creates the Ibogaine Pilot Program. This program ensures the long-term success of the Natural Medicine Health Act passed by Colorado voters in 2022.

Governor Polis emphasized that this law recognizes the benefits of natural medicine and will help Coloradans recover and live healthy lives. He was joined by former Texas Governor Rick Perry, Chairman of American for Ibogaine, who praised Colorado's leadership in advancing research into ibogaine as a potential treatment for substance abuse and trauma.

Grammy and Academy Award-winning rock star Melissa Etheridge also expressed her support for this bill, stating that it has the potential to save and transform numerous lives. Joshua Kappel, Partner at Vicente LLP and Interim Executive Director of Colorado For Ibogaine, also praised Colorado for leading the charge in bringing promising treatment modalities to fight mental health and opiate abuse.

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In addition to these bills, Governor Polis also signed SB26-080 - Cradle to Career Grant Program Creation. This bill, sponsored by Senate President James Coleman and Minority Leader Cleave Simpson, along with Representatives Meghan Lukens and Regina English, aims to support early childhood education careers. Governor Polis highlighted the importance of investing in students and communities to grow the economy and help all Coloradans thrive.

Governor Polis also signed several other bills into law during the ceremony, including SB26-170 - Task Force to Expand Effective Public Schools, HB26-1276 - Protect Safety of Individuals Who Are Immigrants, and HB26-1429 - County Administration Public Assistance Programs. These laws aim to support public schools and protect the safety of immigrants while providing assistance programs for counties.

In his closing remarks, Governor Polis expressed his gratitude towards the sponsors and advocates for their efforts in creating innovative ways to support Colorado children at every stage of life. With these new laws in place, Governor Polis hopes to make a positive impact on the lives of Coloradans by lowering insurance costs, investing in education, and promoting natural medicine.

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