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CO SB116
Bill
AI Summary
- Legislative council staff must prepare business fiscal impact statements for each legislative measure introduced and each new rule proposed by executive branch departments
- For legislation, a 5-day comment period begins between the second and fourth day after introduction, during which Colorado businesses may submit comments on potential business fiscal impact
- For rules, executive directors must notify legislative council staff of proposed rule-making, triggering a 5-day comment period between the second and fourth day after notification for business input
- Legislative council staff compiles and summarizes all business comments and prepares impact statements that accompany fiscal notes for legislation and are forwarded to department directors and posted online for rules
- Act takes effect 90 days after final adjournment of the general assembly (August 10, 2011) unless subject to referendum petition, in which case it requires voter approval at the November 2012 general election
Legislative Description
Business Fiscal Impact Statements
Last Action
Senate Committee on State, Veterans & Military Affairs Postpone Indefinitely
4/27/2011
Committee Referrals
State, Veterans & Military Affairs1/31/2011
Full Bill Text
No bill text available