NOTE: The governor signed this measure on 3/19/2012.
      
      
      SENATE BILL 12-112
      
      
      BY SENATOR(S) Hodge, Steadman, Lambert;
      also REPRESENTATIVE(S) Levy, Becker, Gerou.
      
      
      Concerning the headnote definition of full-time equivalent
           employees used in the annual general appropriation act.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 24-75-112, amend (1)
      (d) (I) as follows:
      
           24-75-112.  Annual general appropriation act - headnote
      definitions - general provisions - footnotes. (1)  As used in the annual
      general appropriation act, the following definitions and general provisions
      shall apply for the headnote terms preceding and specifying the purpose of
      certain line items of appropriation:
      
           (d) (I)  Except as otherwise provided in subparagraph (IV) of this
      paragraph (d), "full-time equivalent" or "FTE" means the budgetary
      equivalent of one permanent position continuously filled full time for an
      entire fiscal year by elected state officials or by state employees who are
      paid for at least two thousand eighty hours per fiscal year, with adjustments
      made to:
      
           (A)  Include in such time computation any sick, annual,
      administrative, or other paid leave; and
      
           (B)  Exclude from such time computation any overtime or shift
      differential payments made in excess of regular or normal hours worked and
      any leave payouts upon termination of employment; and
      
           (C)  Account for the actual number of work hours in a given
      fiscal year.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      8, 2012, if adjournment sine die is on May 9, 2012); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2012
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ____________________________  ____________________________
      Brandon C. Shaffer                      Frank McNulty
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Cindi L. Markwell                      Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO