NOTE: The governor signed this measure on 6/8/2016.
      
      
      SENATE BILL 16-215
      
      
      BY SENATOR(S) Tate, Heath, Merrifield, Newell, Todd;
      also REPRESENTATIVE(S) Young, Fields, Rosenthal.
      
      
      Concerning modifications to the implementation of the state's
           payroll system that will allow all state employees to be
           paid twice a month.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 24-50-104, amend (8)
      (c) (II); and add (8) (g) as follows:
      
           24-50-104.  Job evaluation and compensation - state employee
      reserve fund - created - definitions - repeal. (8)  Payroll. (c) (II)  An
      employee who receives a loan from the state pursuant to this paragraph (c)
      shall repay the loan using one of the payment options as specified in this
      subparagraph (II). An employee may repay the loan early with no
      prepayment penalty. If an employee separates from state employment prior
      to the full loan repayment, the balance of the loan shall be deducted from
      the employee's last paycheck. An employee shall choose one of the
      following repayment options: repay the loan over a three-year
      period with an after-tax deduction in each paycheck equal to one
      seventy-second of the loan amount plus simple interest at the
      state treasury's incremental borrowing rate.
      
           (A)  The employee may repay the loan over a three-year period with
      annual leave. The exact amount of annual leave needed to repay the loan
      shall be calculated by the department in which the employee is employed
      pursuant to guidelines issued by the office of the state controller.
      
           (B)  The employee may repay the loan over a three-year period with
      an after-tax deduction in each paycheck equal to one seventy-second of the
      loan amount plus simple interest at the state treasury's incremental
      borrowing rate.
      
           (g)  Notwithstanding the provisions of this subsection (8), if
      the state personnel director determines that, due to
      circumstances in connection with the implementation of the
      human resources information system, it will not be possible on
      July 1, 2017, to begin paying salaries twice monthly for employees
      paid through the state's payroll system as otherwise required in
      this subsection (8), the director shall, on or before June 1, 2017,
      notify employers that pay employees through the state's payroll
      system, employees who are paid through the state's payroll
      system, and the general assembly that the department will not
      meet the July 1, 2017, deadline and include in the notice the new
      date on which the implementation of the twice monthly payroll
      system will begin. In addition, if the implementation of the twice
      monthly payroll system is delayed, the director shall allow any
      state employee to apply to the department of personnel for a
      one-time loan to assist the employee in covering expenses in the
      first month in which employees will be paid twice monthly, rather
      than for the month of July 2017, as provided in paragraph (c) of
      this subsection (8).
      
           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.
      
      
      
      
      ____________________________  ____________________________
      Bill L. Cadman                Dickey Lee Hullinghorst
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Effie Ameen                            Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO