Colorado Legislative Council Staff

LOCAL

CONDITIONAL FISCAL NOTE

No State General Fund Impact

Local Government Expenditure Impact


Drafting Number:

Prime Sponsor(s):

LLS 98-365

Sen. Phillips

Rep. Takis

Date:

Bill Status:

Fiscal Analyst:

January 10, 1998

Senate Local Government

Steve Tammeus (866-2756)

 

TITLE:            CONCERNING THE AMOUNT A MUNICIPALITY CAN APPROPRIATE ANNUALLY TO ASSOCIATED CHARITY ORGANIZATIONS.



Summary of Legislation


STATE FISCAL IMPACT SUMMARY

FY 1998/99

FY 1999/2000

State Revenues

General Fund

Other Fund



 



 

State Expenditures

General Fund

Other Fund


 


 

FTE Position Change

None

None

Local Government Impact — The bill allows municipalities to elect to appropriate more than $5,000 in any one year to charity organizations.


            Current law limits the amount municipalities may appropriate to associated charity organizations to $5,000 in any one year. This bill eliminates that restriction. The bill will become effective upon the signature of the Governor.


            This bill would not affect state revenue or expenditures. The bill will, however, affect municipal expenditures if the municipality elects to appropriate more than $5,000 in any one year to charity organizations. Therefore, the bill is assessed as having a local government conditional fiscal impact.



Local Government Impact


            The bill allows municipalities to elect to appropriate more than $5,000 in any one year to charity organizations.






Spending Authority


            This fiscal note would imply that no new state appropriations or spending authority are required to implement the provisions of the bill in FY 1998-99.



Departments Contacted


            Local Affairs