SB 26-168

Senate Bill 26-168, which has now been signed into law, requires legislative caucuses in Colorado to report any money they receive or spend each quarter. This means that groups of legislators who form based on shared interests must disclose their financial activities publicly. The reports will be available on the state legislature’s website, ensuring transparency for voters. This bill affects all legislative caucuses and enhances public oversight of how these groups manage their finances.

Official Summary

The bill requires any 2 or more legislators who organize themselves according to a common interest, ideology, issue, identity, or for any other reason and who accept, receive, or expend money, other than their own private, personal money (legislative caucus) to deliver to the legislative council staff a quarterly report that lists all money that the legislative caucus received, accepted, or expended during the previous quarter. The legislative council staff is required to post each report received on a publicly accessible page on the website of the general assembly.     Each legislative caucus is required to provide the legislative council staff with accurate contact information for the caucus and shall promptly inform the legislative council staff of any changes to that contact information. A legislative caucus that does not receive, accept, or expend any money in a quarter shall file a no activity report as prescribed by the legislative council staff.(Note: This summary applies to this bill as introduced.)

Topics

Votes