Page 1 January 26, 2022 HB 22-1060 Legislative Council Staff Nonpartisan Services for Colorado’s Legislature Fiscal Note Drafting Number: Prime Sponsors: LLS 22-0265 Rep. Sirota Sen. Gonzales Date: Bill Status: Fiscal Analyst: January 26, 2022 House SCMVA Annie Scott | 303-866-5851 Annie.Scott@state.co.us Bill Topic: CONTRIBUTION LIMITS SCHOOL DIST RICT DIRECTOR CANDIDATE Summary of Fiscal Impact: ☐ State Revenue ☒ State Expenditure ☐ State Transfer ☐ TABOR Refund ☐ Local Government ☐ Statutory Public Entity The bill establishes contribution limits and disclosure requirements for school district director candidates. This bill will increase state expenditures in FY 2022-23 only and increase state workload on an ongoing basis. Appropriation Summary: For FY 2022-23, the bill requires an appropriation of $7,500 to the Department of State. Fiscal Note Status: The fiscal note reflects the introduced bill. Table 1 State Fiscal Impacts Under HB 22-1060 Budget Year FY 2022-23 Out Year FY 2023-24 Revenue - - Expenditures Cash Funds $7,500 - Transfers - - Other Budget Impacts - - Page 2 January 26, 2022 HB 22-1060 Summary of Legislation The bill establishes contribution limits and disclosure requirements for school district director candidates. These contribution limits must be periodically adjusted for inflation consistent with other contribution limits. The maximum aggregate contribution that a candidate or candidate committee for a school board can accept for a regular biennial school election or special school election are as follows: $2,500 from any individual other than a small donor committee; and $25,000 from a small donor committee. The bill also subjects these contributions to existing statutory provisions governing campaign contribution disclosure, and establishes certain reporting guidelines. State Expenditures In FY 2022-23, this bill increases state expenditures in the Department of State by $7,500 from the Department of State Cash Fund. IT system modification. The department will be required to make changes to the TRACER system, which tracks campaign finance contributions for all candidates and committees required to report to the state. The department will engage its IT contractor, Civix, to make these system modifications at a cost of about $7,500 in FY 2022-23. Education and outreach. The Department of State will take part in education and outreach in advance of the November 2023 election to inform candidates that the contribution limits are in effect upon passage of this bill, and ensure that filings are made once the TRACER modifications are complete. On an ongoing basis, workload will increase to monitor candidate filings and address any complaints filed. This increased workload can be accomplished within existing resources. Effective Date The bill takes effect on July 1, 2022, and applies to the portion of any election cycle or calendar year remaining, and any subsequent election cycle or calendar year commencing, after this effective date. State Appropriations For FY 2022-23, the bill requires an appropriation of $7,500 to the Department of State from the Department of State Cash Fund. State and Local Government Contacts Information Technology Secretary of State The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each fiscal year. For additional information about fiscal notes, please visit: leg.colorado.gov/fiscalnotes.