The bill allows an insurance producer or broker advising a client on individual health benefit plans to charge the client a fee if the producer or broker does not receive a commission related to the individual health benefit plan selected by the client and if the producer or broker discloses in writing the fee to the client. The commissioner of insurance shall promulgate rules regarding how the producer or broker must provide the fee disclosure. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Sponsored bills
Under current law, if the owner of a motor vehicle fails to register the vehicle when required the owner must, upon registering the vehicle and subject to a $100 cap, pay a late fee of $25 for each month or portion of a month for which the registration is late. The bill repeals the late fee, effective January 1, 2019. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
Sunset Process - House Health, Insurance, and Environment Committee. The bill continues the consumer insurance council through September 1, 2028, and repeals the authority for the council to issue consumer's choice awards to health insurers.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Under the state constitution, property that is used solely and exclusively for religious worship is exempt from property tax, unless otherwise provided by general law. By statute, the property must be owned and used solely and exclusively for religious purposes to qualify for the exemption. The bill eliminates the ownership requirement, which is not expressly included in the state constitution, so that a property leased to a church or other organization that uses it solely and exclusively for religious purposes is exempt from property tax. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
Legislative Audit Committee. Under existing law, public administrators are required to maintain a $25,000 bond and file certain information and reports with the administrator's appointing court. Public administrators may appoint deputy public administrators. The bill increases the amount of bond public administrators are required to maintain to $100,000 and clarifies the following: That deputy public administrators are subject to the same statutory requirements as public administrators, including the bond requirement; The information about costs and fees that must be included in small estate statement of account filings by public administrators; and The form of annual reports that must be filed by public administrators and deputy public administrators.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Current law allows contributions to a qualified state tuition program, also known as a 529 account, so long as the distributions are used for qualified higher education expenses (and some additional exceptions), but not for kindergarten through twelfth grade school expenses. The federal 'Tax Cuts and Jobs Act', which became law in December 2017, added distributions for kindergarten through twelfth grade expenses as qualified distributions thereby allowing, on the federal level, income tax-free distributions for elementary and secondary education expenses in addition to already authorized income tax-free distributions for higher education expenses. The bill makes similar changes to Colorado law to allow contributions to qualified state tuition programs for kindergarten through twelfth grade expenses thereby allowing a taxpayer to claim a deduction for such contributions and clarifying that such expenses are qualified distributions, ensuring that a taxpayer does not encounter tax recapture of any claimed deductions when such contributions are distributed for kindergarten through twelfth grade school expenses. (Note: This summary applies to this bill as introduced.) , Read More
The bill allows, with board approval, a community college that is part of the state system of community and technical colleges (community college) to offer a bachelor of science degree in nursing as a completion degree (nursing degree). In considering a request from a community college to offer a nursing degree, the board shall consider student and workforce demand, cost effectiveness for students, and accreditation and licensing requirements. At least 90 days prior to requesting board approval to offer a nursing degree, a community college shall provide notice of its request to all state institutions of higher education. A reporting requirement is added providing that each state-supported institution of higher education that offers a nursing degree provide the department of higher education with an annual report concerning its nursing degree program. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
The bill allows a person who legally possesses a handgun under state and federal law to carry a concealed handgun in Colorado. A person who carries a concealed handgun under the authority created in the bill has the same carrying rights and is subject to the same limitations that apply to a person who holds a permit to carry a concealed handgun under current law, including the prohibition on the carrying of a concealed handgun on the grounds of a public elementary, middle, junior high, or high school. The bill reduces an appropriation. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
The bill requires a motor vehicle rental company to disclose to a potential customer, in any vehicle rental cost quote and in the rental agreement, additional mandatory charges applicable to the motor vehicle rental. Additional mandatory charges are charges specifically related to the operation of the rental vehicle. The failure to disclose additional mandatory charges is a deceptive trade practice. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
For income tax years commencing on and after January 1, 2018, the bill reduces both the individual and the corporate state income tax rate from 4.63% to 4%. The bill also reduces the state alternative minimum tax by 0.63% for income tax years commencing on and after January 1, 2018. (Note: This summary applies to this bill as introduced.) , Read More