NOTE: The governor signed this measure on 1/31/2013.
      
      
      SENATE BILL 13-036
      
      
      BY SENATOR(S) Steadman;
      also REPRESENTATIVE(S) Gerou, Court, Fields, Ginal, Hullinghorst,
      Kagan, Kraft-Tharp, Labuda, Levy, McLachlan, Pabon, Schafer, Vigil,
      Young, Ferrandino.
      
      
      Concerning the repeal of the requirement that the general
           assembly annually pass a joint resolution to certify a
           general fund revenue estimate.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, amend 24-75-201.3 as
      follows:
      
           24-75-201.3. Procedures relating to revenue estimates. (1)  The
      general assembly, acting by joint resolution, shall certify to the controller
      by February 1 of each year for the purpose of determining the amount of
      general funds available for appropriation the revenue estimate for the next
      fiscal year of the state, which estimate shall be certified after taking into
      consideration the estimates of the office of state planning and budgeting and
      the staff of the legislative council.
      
           (2)  No later than June 20 prior to the beginning of each fiscal year,
      and no later than September 20, December 20, and March 20 within each
      fiscal year, the governor, with the assistance of the controller, the office of
      state planning and budgeting, and the governor's revenue-estimating
      advisory group, shall make an estimate of general fund revenues for such
      fiscal year. Copies of each such revenue estimate shall must be promptly
      transmitted to the general assembly. Such revenue estimates shall be are
      used in the implementation of section 24-75-201.5 but shall are not be
      binding on the general assembly in determining the amount of general funds
      available for appropriation for the next ensuing fiscal year. pursuant to
      subsection (1) of this section.
      
           SECTION 2.  In Colorado Revised Statutes, 39-22-2003, amend (4)
      (b) as follows:
      
           39-22-2003.  State sales tax refund - offset against state income
      tax - qualified individuals. (4) (b)  In calculating income classifications or
      the amount of refund allowed for a given income classification in
      accordance with the provisions of this section, the executive director shall
      use the most recent estimate of general fund revenues for the applicable
      taxable year prepared by the staff of the legislative council of the general
      assembly. in accordance with section 24-75-201.3, C.R.S.
      
           SECTION 3.  Safety clause. The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ____________________________  ____________________________
      John P. Morse                         Mark Ferrandino
      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