SB 23-300

Senate Bill 23-300 is a legislative update that corrects outdated references in the law following a previous bill (House Bill 22-1034) which merged three retirement plans for firefighters and police officers into one statewide plan. This correction ensures that all legal references accurately reflect the new structure of these pension plans, making sure there are no confusing or incorrect links to old laws. Since it has been signed, this bill is now law and will help maintain clarity in how fire and police pensions are managed across Colorado.

Official Summary

Statutory Revision Committee. House Bill 22-1034 merged 3 retirement plans administered by the fire and police pension association, the statewide defined benefit plan, the statewide hybrid plan, and the social security supplemental plan, into a single statewide retirement plan. House Bill 22-1034 accomplished the merger in part by repealing several statutes and relocating some of the substantive provisions of those statutes into new statutes. In doing so, certain statutory cross references were not properly updated to reflect the repeals and relocations. The bill updates the obsolete statutory cross references.(Note: This summary applies to this bill as introduced.)