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CO SB159

Bill

Status

Passed

5/11/2013

Primary Sponsor

Cheri Jahn

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Extends the termination date of Colorado's Division of Financial Services from July 1, 2013 to September 1, 2024 by amending the sunset provision in statute 11-44-101.5(2).

  • Removes the Division of Financial Services from the list of agencies terminating on July 1, 2013 and adds it to a new category of agencies terminating on September 1, 2024 in statute 24-34-104.

  • Repeals an outdated provision limiting credit unions with populations over 100,000 to one additional branch office until January 1, 1997 (statute 11-30-103.5).

  • Removes references to "small business development credit corporation" from the Financial Services Board's subpoena authority and eliminates bonding requirements for the commissioner and deputy commissioner.

  • Declares the act necessary for immediate preservation of public peace, health, and safety.

Legislative Description

Sunset Division Of Financial Services 2024

Last Action

Governor Action - Signed

5/11/2013

Committee Referrals

Finance3/20/2013
Appropriations2/27/2013
Business, Labor, & Technology2/4/2013

Full Bill Text

No bill text available