NOTE: The governor signed this measure on 6/5/2013.
      
      
      HOUSE BILL 13-1280
      
      
      BY REPRESENTATIVE(S) Gerou, Duran, Levy;
      also SENATOR(S) Hodge, Steadman, Lambert.
      
      
      Concerning a two-year waiver from the target reserve
           requirement for the building regulation fund.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 24-75-402, add (11) as
      follows:
      
           24-75-402.  Cash funds - limit on uncommitted reserves -
      reduction in amount of fees - exclusions - repeal. (11) (a)  For the
      2012-13 and 2013-14 fiscal years, a waiver of the target reserve
      requirement specified in subsection (3) of this section is allowed
      pursuant to paragraph (a) of subsection (8) of this section for all
      excess uncommitted reserves in the building regulation fund
      created in section 24-32-3309 (1) (a).
      
           (b)  This subsection (11) is repealed, effective July 1, 2014.
      
           SECTION 2.  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.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                         John P. Morse
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO