Colorado Legislative Council Staff

STATE and LOCAL

CONDITIONAL FISCAL IMPACT

Drafting Number:

Prime Sponsor(s):

LLS 99-0377

Rep. Tupa

Date:

Bill Status:

Fiscal Analyst:

January 11, 1999

House Judiciary

Scott Nachtrieb (303-866-4752)

 

TITLE:            CONCERNING PROBLEMS ASSOCIATED WITH THE YEAR 2000 DATE CHANGE.



Fiscal Impact Summary

FY 1999/2000

FY 2000/2001

State Revenues

General Fund

 

 

State Expenditures

All Funds

Potential Savings

 

FTE Position Change

0.0 FTE

0.0 FTE

Other State Impact: None

Effective Date: 90 days after adjournment unless a petition is filed

Appropriation Summary for FY 1999-2000: None

Local Government Impact: potential savings of liability costs


Summary of Legislation


            The bill would specifically grant governmental immunity to state and local governments for failure of government computers to account for the year 2000 (Y2K).



State and Local Government Expenditures


            To the extent that the current governmental liability statutes do not provide governmental immunity for government computer Y2K failure, this bill would grant immunity and thereby reduce potential liability. The amount of potential liability the state holds for computer Y2K failure has not been estimated. Therefore, this bill is assessed as having a conditional fiscal impact and a potential savings to all funds by reducing the potential liability for Y2K problems.



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