NOTE:  This bill has been prepared for the signature of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
      history, or the Session Laws.
      
      
      HOUSE BILL 09-1024
      
      
      BY REPRESENTATIVE(S) McNulty, Kerr J., Primavera, Miklosi, Nikkel,
      Stephens, Waller;
      also SENATOR(S) Tochtrop, Isgar, Schultheis.
      
      
      Concerning the application of specified audit reporting
           requirements within the Colorado local government audit
           law to certain entities that are otherwise not required to
           comply with the requirements.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  29-1-602 (5) (b), Colorado Revised Statutes, is
      amended to read:
      
           29-1-602.  Definitions.  As used in this part 6, unless the context
      otherwise requires:
      
           (5) (b)  Except for purposes of section 29-1-603 (4) sections
      29-1-603, 29-1-604, and 29-1-606, "local government" does not include the
      fire and police pension association, any county or municipal housing
      authority, any public entity insurance pool formed pursuant to state law, the
      Colorado sheep and wool authority, the Colorado beef council authority, the
      Colorado horse development authority, the statewide internet portal
      authority, or any association of political subdivisions formed pursuant to
      section 29-1-401.
      
           SECTION 2.  29-1-606 (1), Colorado Revised Statutes, is amended
      BY THE ADDITION OF A NEW PARAGRAPH to read:
      
           29-1-606.  Submission of reports.  (1) (c)  The audit required by
      this part 6 for housing authorities shall be completed and the
      audit report thereon submitted by the auditor to the housing
      authority within seven months after the close of the fiscal year
      of the housing authority.
      
           SECTION 3.  29-1-606, Colorado Revised Statutes, is amended BY
      THE ADDITION OF A NEW SUBSECTION to read:
      
           29-1-606.  Submission of reports.  (8)  Notwithstanding any
      other requirement of this part 6, in preparing the audit report
      required by section 29-1-603 (4), the entities listed in section
      29-1-602 (5) (b) shall be subject to the additional requirements of
      this section to the extent practicable regardless of whether the
      entity is otherwise subject to the requirements of this part 6.
      
           SECTION 4.  Act subject to petition - effective date.  (1)  This act
      shall take effect September 1, 2009.
      
           (2)  However, if a referendum petition is filed against this act or an
      item, section, or part of this act during the 90-day period after final
      adjournment of the general assembly that is allowed for submitting a
      referendum petition pursuant to article V, section 1 (3) of the state
      constitution, then the act, item, section, or part, shall not take effect unless
      approved by the people at a biennial regular general election and shall take
      effect on the date specified in subsection (1) or on the date of the official
      declaration of the vote thereon by proclamation of the governor, whichever
      is later.
      
      
      
      
      ________________________________________________________
      Terrance D. Carroll                    Peter C. Groff
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                          Karen Goldman
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    Bill Ritter, Jr.
                                    GOVERNOR OF THE STATE OF COLORADO