The act allows a board of county commissioners or a city council of a city and county, upon approval of the county treasurer, to temporarily reduce, waive, or suspend delinquent interest payments for property tax payments for any period of time between June 16, 2021, and September 30, 2021.The act also requires a board of county commissioners or city council to notify local taxing jurisdictions of the intent to reduce, waive, or suspend delinquent property tax interest payments. If a local taxing jurisdiction would be unable to meet its bond payment obligations after the proposed reduction, waiver, or suspension, the local taxing jurisdiction shall notify the board of county commissioners or city council.If the local taxing jurisdiction submits a letter to the board of county commissioners of the county or city council of the city and county, the act requires a treasurer, or other officer responsible for the collection of property taxes for a county or city and county, to advance property tax payments to local taxing jurisdictions to assist the local taxing jurisdictions in the payment of bonded indebtedness payments and monthly operation costs.(Note: This summary applies to this bill as enacted.)
Sponsored bills
To fund the program implementation and administration the reintroduction and management of gray wolves, the act requires the general assembly to appropriate money to the division of parks and wildlife (division) or otherwise authorize the division's expenditure of money from one or more of the following funds:The general fund; The species conservation trust fund; The Colorado nongame conservation and wildlife restoration cash fund; or The wildlife cash fund; except that any money within the wildlife cash fund that is generated from the sale of hunting and fishing licenses or from associated federal grants is not available for appropriation. The division is also authorized to solicit, accept, and expend any grants, gifts, sponsorships, contributions, donations, and bequests, including federal funds, for the program.(Note: This summary applies to this bill as enacted.)
The state controller is required to prescribe a unified system of accounts and prepare financial statements based on systems set forth by the governmental accounting standards board (GASB). Statement number 87 by GASB, which affects state and local government fiscal years after June 15, 2021, requires that a contract that transfers ownership of an asset be accounted for and reported as a financed purchase or sale of an asset, regardless of whether the contract is labeled by the parties as a lease.Effective July 1, 2021, the act replaces the term "lease-purchase agreement", and, as necessary to effectuate the purpose of the act, substantially similar terms, with "financed purchase of an asset or certificate of participation agreement", and, as necessary to effectuate the intent of the act, substantially similar terms, throughout the Colorado Revised Statutes to clarify that, in accordance with GASB requirements, any such state or local public contract is to be accounted for and reported by the state controller as a financed purchase or sale of the underlying asset rather than as a lease.(Note: This summary applies to this bill as enacted.)
The act appropriates $2.5 million from the general fund to the department of agriculture for the Colorado proud program.(Note: This summary applies to this bill as enacted.)
Current law does not include the definitions "public assistance" and "medical assistance" relating to death reimbursements for funeral, cremation, and burial expenses for deceased public assistance or medical assistance recipients. The act adds the definitions "public assistance" and "medical assistance" to clarify who qualifies as a public assistance or medical assistance recipient.Current law authorizes death reimbursements for a person who has applied or was eligible for public benefits. The act requires the person to be receiving the public benefits at the time of death.(Note: This summary applies to this bill as enacted.)
The act authorizes the commissioner of agriculture (commissioner) to:Enter into an agreement with any person or local government to provide pest control services. The department of agriculture (department) may provide pest control services directly or through a local government and may require remuneration for providing pest control services. The remuneration is deposited in the emergency invasive-pest response fund (fund) created by the act, and the commissioner is authorized to expend money in the fund to implement the act and emergency measures to control or eradicate invasive pests. Work cooperatively with the United States secretary of agriculture to implement a joint phytosanitary program if the program would economically or environmentally assist with mitigating or eradicating the spread of a regulated nonquarantine pest; Quarantine anything that harbors a pest if the pest has an economically unacceptable impact and if the measures to control the pest may achieve an acceptable level of official control; If the commissioner determines that a public nuisance creates an unacceptable risk of spreading a pest, coordinate with industry, support local governments, and make grants to take emergency action to quarantine, control, or eradicate an invasive pest; Request that, at the end of each fiscal year, money in the plant health, pest control, and environmental protection cash fund be transferred to the fund; and Seek and expend gifts, grants, or donations from private or public sources for the new fund, and requires the department to annually report to the general assembly regarding the amount and source of any gifts, grants, or donations received. A board of county commissioners may declare a pest to be a public nuisance and require its control or eradication.(Note: This summary applies to this bill as enacted.)
The act changes the names of the following colleges:Trinidad state junior college to Trinidad state college; and Otero junior college to Otero college.(Note: This summary applies to this bill as enacted.)
The act corrects citations in the marijuana code and grammatical and wording issues.(Note: This summary applies to this bill as enacted.)
The act repeals the enterprise zone child care contributions income tax credit that was available for income tax years commencing prior to January 1, 1999.(Note: This summary applies to this bill as enacted.)