The bill defines 'open blockchain token' and exempts certain open blockchain tokens from the definition of 'security' for purposes of the 'Colorado Securities Act'. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
The bill prohibits the regional transportation district from offering new discount fare or incentive programs adopted after the effective date of the bill without prior legislative approval. (Note: This summary applies to this bill as introduced.) , Read More
The bill exempts the transmission of virtual currency from regulation under the Colorado 'Money Transmitters Act'. (Note: This summary applies to this bill as introduced.) Read More
The bill creates the Young Americans Center for Financial Education fund (fund) in the state treasury. A voluntary contribution designation line for the fund will appear on the state individual income tax return form (form) for the 5 income tax years following the year that the executive director of the department of revenue (department) certifies to the revisor of statutes that: There is a space available on the form; and The fund is next in the queue. Once the fund is placed on the form, the department is directed to determine annually the total amount contributed to the fund and report that amount to the state treasurer and the general assembly. The state treasurer is required to credit that amount to the fund, and the general assembly appropriates from the fund to the department the costs of administering money designated for the fund. After that amount is deducted, the money remaining in the fund at the end of a fiscal year is transferred to the Young Americans Center for Financial Education, a nonprofit organization. Following the statutory 2-year grace period for new tax check-offs, the fund is required to achieve the minimum contribution amount of $50,000 per year to remain on the form. The fund is repealed in the sixth income tax year following the year in which the director files the certification, unless it is continued by the general assembly before then. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Current law requires the department of regulatory agencies (department) to analyze whether to begin or continue the regulation of a profession or occupation based on several factors. The bill elaborates on these factors and requires the department to find present, significant, and substantiated harm to consumers before recommending regulation. The bill further requires the department to recommend only the least restrictive regulation necessary to address the harm. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
The bill is a referred measure. The bill specifies that the state and any political subdivision of the state (jurisdiction) shall not: Prohibit or restrict any jurisdiction, official, or employee from sending to, or receiving from, federal immigration agencies information regarding the citizenship or immigration status of any individual; Prohibit or restrict a jurisdiction from doing any of the following with respect to information regarding the immigration status of any individual: Sending the information to, or requesting the information from, federal immigration agencies; Maintaining the information; or Exchanging the information with any other federal, state, or political subdivision of this state; or Encourage the physical harboring of an illegal immigrant. A jurisdiction is deemed a sanctuary jurisdiction if it violates the prohibitions in the bill, is informed by the federal government that it is in violation of federal immigration law, or is denied federal grant money or eligibility for a federal grant due to noncompliance with federal immigration laws. The bill also requires each jurisdiction to give written notice to its elected officials, employees, and law enforcement officers of their duty to comply with all federal laws concerning immigration. The bill requires each county, city and county, or municipality with a population of at least 25,000 to submit an annual report to the department of public safety (department) affirming that it has not violated the prohibitions in the bill, has not been notified by the federal government that it is in violation of federal immigration law, and has not been denied federal grant money or informed that it is ineligible for federal grant money due to noncompliance with federal immigration laws. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
The bill allows a hotel that has a hotel and restaurant liquor license to sell in sealed containers up to 750 milliliters of vinous liquors and 72 ounces of fermented malt beverages or malt liquors, per transaction, to the hotel's guests for on-premises consumption.(Note: This summary applies to this bill as introduced.) , Read More
Sunset Process - House Business Affairs and Labor Committee. The bill implements the recommendations of the department of regulatory agencies' (department) sunset review and report on requirements and procedures regarding the preparation of a cost-benefit analysis by: Continuing the requirements and procedures indefinitely ( recommendation 1 , sections 1 and 2 of the bill); Requiring state rule-making agencies to include on their applicable websites information about the cost-benefit analysis process and a link to the online regulatory notice enrollment form created by the executive director of the department or the executive director's designee ( recommendation 2 , section 2).(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Current law requires each person who is convicted of a crime against a child to pay a surcharge to the clerk of the court for the judicial district in which the conviction occurs. The bill adds the crime of human trafficking of a minor for sexual servitude to the definition of crime against a child for purposes of the surcharge. For a class 2 felony, the amount of the fine is $1,500. The bill states that if the class 2 felony is for human trafficking of a minor for involuntary servitude or for human trafficking of a minor for sexual servitude, then the amount of the fine is $3,000. Additionally, in cases where an offender is required to pay the new surcharge, the court is encouraged to delay any finding of indigence until 6 months after the offender's conviction, at which time the court may require the defendant or defendant's counsel to submit documents that substantiate the defendant's indigence. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
The bill creates a pilot program to allow marijuana delivery. The marijuana state licensing authority can enter into a memorandum of understanding with up to 3 municipalities to allow medical and retail marijuana delivery. The state licensing authority can adopt rules regarding marijuana delivery. The state licensing authority can start issuing licenses on January 1, 2019, and the pilot project repeals on December 31, 2020. By March 1, 2020, the state licensing authority shall report to the finance committees of the house of representatives and the senate regarding marijuana delivery in the jurisdictions with the memorandums of understanding. The bill appropriates $310,543 to the department of revenue from the marijuana cash fund. The appropriation is distributed as follows: $230,044 for marijuana enforcement and an additional 2.7 FTE; $12,000 for tax administration IT system support; $14,850 for use by the executive director's office for vehicle lease payments; $11,025 for use by the executive director's office for operating expenses; and $42,624 for the purchase of legal services.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
