HOUSE
                       3rd Reading Unamended
       February 28, 2012       HOUSE
       Amended 2nd Reading
                     February 27, 2012Second Regular Session
              Sixty-eighth General Assembly
                    STATE OF COLORADO
                                                REENGROSSED
                       This Version Includes All Amendments
                       Adopted in the House of Introduction
 LLS NO. 12-0300.01 Esther van Mourik x4215HOUSE BILL 12-1115
                    HOUSE SPONSORSHIP
 Liston, 
 
                   SENATE SPONSORSHIP
 Jahn, 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 House Committees
 Senate Committees
 
 
 Economic and Business Development
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                         A BILL FOR AN ACT
       Concerning business fiscal impact statements.
       
       
                           Bill Summary
       
            (Note: This summary applies to this bill as introduced and does
       not reflect any amendments that may be subsequently adopted. If this bill
       passes third reading in the house of introduction, a bill summary that
       applies to the reengrossed version of this bill will be available at
       http://www.leg.state.co.us/billsummaries.)
       
            The bill requires the staff of the legislative council to designate a
       5-day period following the introduction of new legislation during which
       Colorado businesses may submit comments regarding the business fiscal
       impact of the new legislation. Upon the expiration of the 5-day period, the
       staff of the legislative council is required to compile and summarize the
       comments and prepare a business fiscal impact statement. The statement
       will accompany the fiscal note.
       
       
       
       Be it enacted by the General Assembly of the State of Colorado:
            SECTION 1.  In Colorado Revised Statutes, add 2-2-322.5 as
       follows:
            2-2-322.5.  Business fiscal impact statement. (1)  If a
       legislative measure is introduced that proposes a new or
       increased mandate on Colorado's businesses or is expected to
       significantly increase costs to Colorado's businesses, the staff
       of the legislative council shall designate a ten-day period
       during which the first fifty Colorado businesses to respond may
       submit comments regarding the potential business fiscal impact
       of the legislative measure. The ten-day period shall commence
       no sooner than the second day after the introduction of the
       legislative measure and no later than the fourth day after the
       introduction of the legislative measure. In the event a
       Colorado business provides comments and such business is under
       a collective-bargaining agreement, a union may provide a
       statement as an addendum to the Colorado business' comment.
            (2)  Upon the expiration of the ten-day period required by
       subsection (1) of this section, the staff of the legislative council
       shall compile any comments received from Colorado businesses
       and make copies available in conjunction with the fiscal note
       required by section 2-2-322.
            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.