Page 1 March 2, 2022 HB 22-1264 Legislative Council Staff Nonpartisan Services for Colorado’s Legislature Fiscal Note Drafting Number: Prime Sponsors: LLS 22-0786 Rep. Valdez D.; Woodrow Sen. Moreno; Woodward Date: Bill Status: Fiscal Analyst: March 2, 2022 House Agriculture Clare Pramuk | 303-866-2677 clare.pramuk@state.co.us Bill Topic: CHANGE FOOD AND DRUG ADMINISTRATION TO FDA Summary of Fiscal Impact: No fiscal impact. This bill replaces references to the federal food and drug administration in the Colorado Health Care Coverage Act with the term “FDA”. The bill has no impact on state or local government revenue or expenditures, so is assessed as having no fiscal impact. Appropriation Summary: No appropriation required. Fiscal Note Status: The fiscal note reflects the introduced bill, which was recommended by the Statutory Revision Committee. Summary of Legislation The bill replaces references to the U.S. Food and Drug Administration with the term “FDA” in the Colorado Health Care Coverage Act. Assessment of No Fiscal Impact The bill simplifies statutory language and does not affect the revenue or expenditures for any agency of state or local government; therefore, the bill is assessed as having no fiscal impact. Effective Date The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming no referendum petition is filed. State and Local Government Contacts Regulatory Agencies 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.