The bill allows a taxpayer that makes a capital investment in an enterprise data center operation in the state of a specified dollar amount within a consecutive 5-year period to enter into a memorandum of understanding with the office of economic development to transition to a different apportionment method for apportioning the income of the taxpayer. The memorandum of understanding must describe the amount of the capital investment and any other investments or actions on the part of the taxpayer that will support the economic development of the state. The bill specifies that a transition schedule must be included in the memorandum of understanding. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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Under current law, for some clients, home health services under the medicaid program may only be provided in the client's residence. The bill removes the location restriction for home health services to comply with changes to federal medicaid rules that allow for services to be delivered in the community as well as the residence. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
The bill creates a legislative interim committee to study school finance issues and make legislative recommendations concerning how to most accurately meet the educational needs of students through the funding of education in Colorado. The interim committee will meet during the 2017 and 2018 legislative interims. The bill specifies issues that the interim committee must study. The interim committee is required to contract with a private entity to assist in the study. The chair and vice-chair of the interim committee may appoint subcommittees to provide technical assistance to the interim committee. The subcommittees may include members of the interim committee and other persons with expertise in school finance. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
The bill declares that the regulation of automated driving systems is a matter of statewide concern, and, therefore, local authorities are prohibited from setting different standards for these systems than for human drivers. The use of automated driving systems is authorized if the system is capable of conforming to every state and federal law applying to driving. If not, a person testing a system is required to obtain approval from the Colorado state patrol and the Colorado department of transportation. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Joint Budget Committee. The general assembly created the governor's office of marijuana coordination in 2014 to coordinate the executive branch response to the legalization of retail marijuana as directed by the governor. The bill repeals the office of marijuana coordination, effective July 1, 2017.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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 the reporting requirements of educational agencies. Section 4 of the bill repeals 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. Section 13 adds a repeal date in the organic statute that coincides with the scheduled repeal date specified in section 24-1-136 (11)(a)(I). Sections 1 through 3, and 5 through 23 amend the organic statute to continue indefinitely the reporting requirements notwithstanding section 24-1-136 (11)(a)(I).(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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 the reporting requirements of higher education agencies. Section 3 of the bill repeals 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 1 through 16 of the bill amend the organic statute to continue indefinitely the reporting requirements to send a report to the general assembly notwithstanding the repeal date specified in section 24-1-136 (11)(a)(I).(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Section 1 of the bill continues the general fund transfer to the clean and renewable energy fund for one year. Section 2 adds one year of funding for the innovative energy fund from the general fund.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Section 2 of the bill requires an entity that services a student education loan pursuant to a contract with the federal government to be licensed by the administrator of the 'Uniform Consumer Credit Code'. 'Servicing' means receiving a scheduled periodic payment from a student loan borrower, applying the payments of principal and interest with respect to the amounts received from a student loan borrower, and similar administrative services. Section 4 makes the bill effective on September 1, 2018.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)