HB 17-1137

HB 17-1137 is a Colorado bill that deals with the reporting requirements of the Department of Revenue. It extends certain reports that were set to expire and adds new deadlines for others, ensuring these reports continue to be made to the General Assembly as required by law. This affects how the Department of Revenue communicates important financial information to lawmakers. Since the status is "signed," this means the bill has been approved and signed into law, so these changes are now in effect.

Official Summary

Statutory Revision Committee. Pursuant to section 24-1-136 (11)(a)(I), Colorado Revised Statutes, any report that is required to be made to the general assembly by an executive agency or the judicial branch on a periodic basis expires on the day after the third anniversary of the date on which the first report was due unless the general assembly, acting by bill, continues the requirement. The bill addresses reporting requirements of the department of revenue. Sections 1, 2, 6, 8, and 9 of the bill repeal a report that was scheduled to repeal according to section 24-1-136 (11)(a)(I). Currently there is no repeal date listed in the organic statute. Sections 3 and 4 of the bill amend the organic statutes to remove requirements to send a report to the general assembly after the scheduled repeal date specified in section 24-1-136 (11)(a)(I). Sections 5 and 7 of the bill add a repeal date in the organic statute that coincides with the scheduled repeal date specified in section 24-1-136 (11)(a)(I). (Note: This summary applies to this bill as introduced.)

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