HB 13-1051 Summary

• Amends Colorado law to clarify that Denver (like Broomfield) may designate its own public trustee position through its charter or code rather than requiring gubernatorial appointment.

• Changes terminology from "first and second classes" to "first and second CLASS" in statutes governing public trustee appointment, qualifications, and bonding requirements.

• Establishes differentiated salary schedules for public trustees in first, second, and third class counties, with salaries ranging from $12,500 to $56,500 per annum depending on county classification and term start date.

• Requires public trustees to hold a four-year college degree plus five years administrative/business experience, or alternatively ten years of such experience.

• Takes effect 90 days after final adjournment of the 2013 general assembly (August 7, 2013) unless a referendum petition blocks it, in which case it requires voter approval at the November 2014 general election.