Colorado Legislative Council Staff

NO FISCAL IMPACT

TITLE:            CONCERNING THE ENTERPRISE STATUS OF HIGHER EDUCATION AUXILIARY FACILITIES, AND, IN CONNECTION THEREWITH, EXTENDING THE EXPIRATION DATE OF THE DESIGNATION OF AUXILIARY FACILITIES AS ENTERPRISES AND MODIFYING THE LIST OF AUXILIARY FACILITIES THAT ARE DESIGNATED AS ENTERPRISES.

Summary of Assessment

            This bill extends the expiration date for the designation of certain higher education auxiliary facilities as enterprises from June 30, 1999, to June 30, 2009. The bill adds the following facilities to be designated as enterprises:

            •   auxiliary facilities of the University of Northern Colorado; and

            •   Colorado State Forest Service seedling tree nursery of the Colorado State University system.

            The bill deletes the following facilities from the list of auxiliary facilities designated as enterprises:

            •   student health center, auxiliaries, and self-supporting enterprises of the University of Northern Colorado.

            The bill will not affect state or local government revenue or expenditures. Therefore, the bill is assessed as having no fiscal impact.

            The bill would take effect at 12:01 a.m. on the day following the expiration of the 90-day period after final adjournment of the General Assembly; or upon proclamation of the Governor if a referendum petition is filed against this act and approved by a vote of the people.

Departments Contacted

            Revenue          State Auditor              Higher Education