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CO SB057

Bill

Status

Passed

4/3/2023

Primary Sponsor

Janice Rich

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Removes the requirement that county treasurers automatically serve as ex officio treasurers for drainage and irrigation districts, allowing districts to appoint their own district treasurers instead.

  • Changes county treasurer fee structure for collecting district assessments from a flat $25-$100 annual fee (through December 31, 2025) to 0.25% of all money received for assessments (effective January 1, 2026).

  • Requires drainage and irrigation district boards of directors to appoint a separate district treasurer to manage district funds and bond accounts.

  • Modifies county treasurer duties to collect district assessments under existing tax collection procedures and distribute them to the district treasurer per Section 39-10-107.

  • Takes effect January 1, 2024, subject to voter approval if a referendum petition is filed within 90 days after the legislative session ends.

Legislative Description

County Treasurer No Longer Ex Officio District Treasurer

Last Action

Governor Signed

4/3/2023

Committee Referrals

Transportation, Housing & Local Government2/23/2023
Local Government & Housing1/17/2023

Full Bill Text

No bill text available