Page 1May 19, 2022 June 9, 2022 HB 22-1264 Legislative Council Staff Nonpartisan Services for Colorado’s Legislature Final Fiscal Note Drafting Number: Prime Sponsors: LLS 22-0786 Rep. Valdez D.; Woodrow Sen. Moreno; Woodward Date: Bill Status: Fiscal Analyst: June 9, 2022 Signed into Law 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 enacted bill. 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 was signed into law by the Governor on April 25, 2022, and takes effect August 9, 2022, 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.