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CO SB133

Bill

Status

Failed

2/3/2020

Primary Sponsor

Rob Woodward

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Requires legislative council staff to prepare business fiscal impact notes analyzing potential direct economic effects on Colorado businesses, including compliance costs, hiring/job loss impacts, and cost savings, starting with the 73rd General Assembly.

  • Authorizes the House Speaker, House Minority Leader, Senate President, and Senate Minority Leader to each request 2 notes per regular session, or more at the director of research's discretion.

  • Requires legislative council staff to meet with requesting leaders and bill sponsors before beginning work to determine if a note can practically be completed, allowing substitution of different bills if necessary.

  • Mandates a 5-day public comment period (or shorter if selected after day 90 of session) for Colorado businesses to submit comments on potential fiscal impacts, with minimum 24-hour notice required near end of session.

  • Requires state departments, agencies, and institutions to cooperate and provide requested information by established deadlines, or specify need for additional reasonable time.

Legislative Description

Business Fiscal Impact Statements

Last Action

Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely

2/3/2020

Committee Referrals

State, Veterans, & Military Affairs1/27/2020

Full Bill Text

No bill text available