Colorado 2022 Regular Session

Colorado Senate Bill SB081 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-third General Assembly
	3	+	STATE OF COLORADO
	4	+	REVISED
	5	+	This Version Includes All Amendments Adopted
	6	+	on Second Reading in the Second House
	7	+	LLS NO. 22-0541.01 Kristen Forrestal x4217
1	8		SENATE BILL 22-081
2		-	BY SENATOR(S) Smallwood and Donovan, Bridges, Buckner, Coleman,
3		-	Cooke, Coram, Gardner, Ginal, Gonzales, Hansen, Hinrichsen, Hisey,
4		-	Jaquez Lewis, Kirkmeyer, Kolker, Lee, Liston, Moreno, Pettersen, Priola,
5		-	Rankin, Rodriguez, Scott, Simpson, Sonnenberg, Story, Winter, Woodward,
6		-	Fenberg;
7		-	also REPRESENTATIVE(S) Tipper and Will, Bernett, Bird, Lindsay,
8		-	McCluskie, Michaelson Jenet, Soper, Titone.
	9	+	Senate Committees House Committees
	10	+	State, Veterans, & Military Affairs Public & Behavioral Health & Human Services
	11	+	Finance Finance
	12	+	Appropriations Appropriations
	13	+	A BILL FOR AN ACT
9	14		C
10		-	ONCERNING A REQUIREMENT THAT THE BOARD OF DIRECTORS OF THE
11		-	COLORADO HEALTH BENEFIT EXCHANGE CREATE A CONSUMER
12		-	OUTREACH CAMPAIGN TO PROVIDE CONSUMERS WITH
13		-	COMPREHENSIVE INFORMATION REGARDING COVERED HEALTH
14		-	-CARE
15		-	SERVICES
16		-	, AND, IN CONNECTION THEREWITH, ADJUSTING THE LIMIT
17		-	ON THE TOTAL AMOUNT OF TAX CREDITS THAT MAY BE GRANTED TO
18		-	HEALTH INSURANCE COMPANIES
19		-	.
20		-	Be it enacted by the General Assembly of the State of Colorado:
21		-	SECTION 1. In Colorado Revised Statutes, add 10-22-115 as
22		-	follows:
23		-	10-22-115. Public awareness and education campaign - board -
24		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
25		-	officers and the Governor. To determine whether the Governor has signed the bill
26		-	or taken other action on it, please consult the legislative status sheet, the legislative
27		-	history, or the Session Laws.
28		-	________
29		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
30		-	through words or numbers indicate deletions from existing law and such material is not part of
31		-	the act. report - repeal. (1) (a) O N OR BEFORE JULY 1, 2023, THE BOARD SHALL
32		-	CREATE AND IMPLEMENT A PUBLIC AWARENESS AND EDUCATION CAMPAIGN
33		-	IN ORDER TO EDUCATE CONSUMERS IN
34		-	COLORADO REGARDING THE OPTIONS
35		-	FOR OBTAINING HEALTH
36		-	-CARE COVERAGE.
	15	+	ONCERNING A REQUIREMENT THAT THE BOARD OF DIRECTORS OF THE101
	16	+	C
	17	+	OLORADO HEALTH BENEFIT EXCHANGE CREATE A CONSUMER102
	18	+	OUTREACH CAMPAIGN TO PROVIDE CONSUMERS WITH103
	19	+	COMPREHENSIVE INFORMATION REGARDING COVERED104
	20	+	HEALTH-CARE SERVICES, AND, IN CONNECTION THEREWITH ,105
	21	+	ADJUSTING THE LIMIT ON THE TOTAL AMOUNT OF TAX CREDITS106
	22	+	THAT MAY BE GRANTED TO HEALTH INSURANCE COMPANIES .
	23	+	107
	24	+	Bill Summary
	25	+	(Note: This summary applies to this bill as introduced and does
	26	+	not reflect any amendments that may be subsequently adopted. If this bill
	27	+	passes third reading in the house of introduction, a bill summary that
	28	+	applies to the reengrossed version of this bill will be available at
	29	+	http://leg.colorado.gov
	30	+	.)
	31	+	HOUSE
	32	+	Amended 2nd Reading
	33	+	May 10, 2022
	34	+	SENATE
	35	+	3rd Reading Unamended
	36	+	May 2, 2022
	37	+	SENATE
	38	+	Amended 2nd Reading
	39	+	April 29, 2022
	40	+	SENATE SPONSORSHIP
	41	+	Smallwood and Donovan, Bridges, Buckner, Coleman, Cooke, Coram, Fenberg, Gardner,
	42	+	Ginal, Gonzales, Hansen, Hinrichsen, Hisey, Jaquez Lewis, Kirkmeyer, Kolker, Lee, Liston,
	43	+	Moreno, Pettersen, Priola, Rankin, Rodriguez, Scott, Simpson, Sonnenberg, Story, Winter,
	44	+	Woodward
	45	+	HOUSE SPONSORSHIP
	46	+	Tipper and Will,
	47	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	48	+	Capital letters or bold & italic numbers indicate new material to be added to existing statute.
	49	+	Dashes through the words indicate deletions from existing statute. The bill requires the board of directors (board) of the Colorado
	50	+	health benefit exchange (exchange) to create and implement a consumer
	51	+	outreach campaign (campaign) to provide consumers information
	52	+	regarding the details of the Colorado medical assistance program and
	53	+	subsidized and nonsubsidized health benefit plans available for purchase
	54	+	in the individual and small group markets.
	55	+	To pay for the campaign:
	56	+	! The board is required to collect a special fee from insurers;
	57	+	and
	58	+	! The amount of the tax credits that the commissioner of
	59	+	insurance is allowed to allocate to insurers that contribute
	60	+	to the exchange increases from $5 million to $10 million.
	61	+	The board is required to annually report its progress and
	62	+	accounting to the Colorado health insurance exchange oversight
	63	+	committee at the committee's first meeting of the calendar year. The
	64	+	requirements of the bill repeal on December 31, 2027.
	65	+	Be it enacted by the General Assembly of the State of Colorado:1
	66	+	SECTION 1. In Colorado Revised Statutes, add 10-22-115 as2
	67	+	follows:3
	68	+	10-22-115. Public awareness and education campaign - board4
	69	+	- report - repeal. (1) (a) O
	70	+	N OR BEFORE JULY 1, 2023, THE BOARD SHALL5
	71	+	CREATE AND IMPLEMENT A PUBLIC AWARENESS AND EDUCATION6
	72	+	CAMPAIGN IN ORDER TO EDUCATE CONSUMERS IN COLORADO REGARDING7
	73	+	THE OPTIONS FOR OBTAINING HEALTH -CARE COVERAGE.
	74	+	8
37	75		(b) (I) O
38	76		N OR BEFORE SEPTEMBER 1, 2023, THE BOARD SHALL USE
39		-	THE PUBLIC AWARENESS AND EDUCATION CAMPAIGN TO EDUCATE
40		-	CONSUMERS IN
41		-	COLORADO ON HOW TO ATTAIN AND RETAIN HEALTH -CARE
42		-	COVERAGE BASED ON THEIR HEALTH
43		-	-CARE NEEDS AND FI NANCIAL
44		-	CIRCUMSTANCES SO THEY CAN ACCESS THE HEALTH CARE THEY NEED
45		-	. THE
46		-	CAMPAIGN MUST INCLUDE EFFORTS TO
47		-	:
	77	+	9
	78	+	THE PUBLIC AWARENESS AND EDUCATION CAMPAIGN TO EDUCATE10
	79	+	CONSUMERS IN COLORADO ON HOW TO ATTAIN AND RETAIN HEALTH -CARE11
	80	+	COVERAGE BASED ON THEIR HEALTH -CARE NEEDS AND FINANCIAL12
	81	+	CIRCUMSTANCES SO THEY CAN ACCESS THE HEALTH CARE THEY NEED . THE13
	82	+	CAMPAIGN MUST INCLUDE EFFORTS TO :14
48	83		(A) I
49		-	MPROVE HEALTH LITERACY AMONG CONSUMERS IN COLORADO;
50		-	(B) A
51		-	SSIST CONSUMERS IN COLORADO WHO LOSE MINIMUM
52		-	ESSENTIAL COVERAGE
53		-	; AND
54		-	(C) REDUCE THE NUMBER OF INDIVIDUALS ELIGIBLE FOR
55		-	HEALTH
56		-	-CARE COVERAGE WHO REMAIN UNINSURED OR WITHOUT
57		-	HEALTH
58		-	-CARE COVERAGE.
	84	+	MPROVE HEALTH LITERACY AMONG CONSUMERS IN
	85	+	15
	86	+	C
	87	+	OLORADO;
	88	+	16
	89	+	081-2- (B) ASSIST CONSUMERS IN COLORADO WHO LOSE MINIMUM1
	90	+	ESSENTIAL COVERAGE; AND2
	91	+	(C) R
	92	+	EDUCE THE NUMBER OF INDIVIDUALS ELIGIBLE FOR
	93	+	3
	94	+	HEALTH-CARE COVERAGE WHO REMAIN UNINSURED OR WITHOUT4
	95	+	HEALTH-CARE COVERAGE.5
59	96		(II) T
60		-	HE CAMPAIGN MUST INCLUDE INFORMATION ABOUT ~~ELIGIBILITY~~
61		-	~~AND COSTS WHERE PRACTICABLE~~
62		-	.
	97	+	HE CAMPAIGN MUST INCLUDE INFORMATION ABOUT
	98	+	6
	99	+	ELIGIBILITY AND COSTS WHERE PRACTICABLE .7
63	100		(c) T
64	101		HE PUBLIC AWARENESS AND EDUCATION CAMPAIGN MUST
65		-	INCLUDE MARKETING AND OUTREACH TO HELP CONSUMERS IN THIS STATE
66		-	WHO
67		-	, AT THE END OF THE COVID-19 PUBLIC HEALTH EMERGENCY AS
68		-	DECLARED AND EXTENDED BY THE
69		-	UNITED STATES SECRETARY OF HEALTH
70		-	AND HUMAN SERVICES
71		-	, ARE NO LONGER ELIGIBLE FOR BENEFITS UNDER THE
72		-	"COLORADO MEDICAL ASSISTANCE ACT", ARTICLES 4, 5, AND 6 OF TITLE
73		-	25.5, OR THE "CHILDREN'S BASIC HEALTH PLAN ACT", ARTICLE 8 OF TITLE
74		-	25.5, TO UNDERSTAND COVERAGE OPTIONS AND TO TRANSITION TO
75		-	HEALTH
76		-	-CARE COVERAGE OBTAINED THROUGH THE EXCHANGE .
77		-	(d) T
78		-	HE BOARD MAY USE PRINT OR ELECTRONIC MEDIA , WRITTEN
79		-	MATERIAL
80		-	, SOCIAL MEDIA, DIRECT MAIL, OR ANY EFFECTIVE MEANS OF
81		-	OUTREACH TO CREATE AWARENESS AND EDUCATE CONSUMERS
82		-	THROUGHOUT THE CAMPAIGN
83		-	.
	102	+	8
	103	+	INCLUDE MARKETING AND OUTREACH TO HELP CONSUMERS IN THIS STATE9
	104	+	WHO, AT THE END OF THE COVID -19 PUBLIC HEALTH EMERGENCY AS10
	105	+	DECLARED AND EXTENDED BY THE UNITED STATES SECRETARY OF HEALTH11
	106	+	AND HUMAN SERVICES, ARE NO LONGER ELIGIBLE FOR BENEFITS UNDER12
	107	+	THE "COLORADO MEDICAL ASSISTANCE ACT", ARTICLES 4, 5, AND 6 OF13
	108	+	TITLE 25.5, OR THE "CHILDREN'S BASIC HEALTH PLAN ACT", ARTICLE 8 OF14
	109	+	TITLE 25.5, TO UNDERSTAND COVERAGE OPTIONS AND TO TRANSITION TO15
	110	+	HEALTH-CARE COVERAGE OBTAINED THROUGH THE EXCHANGE .16
	111	+	(d) THE BOARD MAY USE PRINT OR ELECTRONIC MEDIA , WRITTEN17
	112	+	MATERIAL, SOCIAL MEDIA, DIRECT MAIL, OR ANY EFFECTIVE MEANS OF18
	113	+	OUTREACH TO CREATE AWARENESS AND EDUCATE CONSUMERS19
	114	+	THROUGHOUT THE CAMPAIGN .20
84	115		(2) T
85		-	HE BOARD SHALL ANNUALLY REPORT TO THE COMMI TTEE AT
86		-	PAGE 2-SENATE BILL 22-081 THE FIRST SCHEDULED MEETING OF THE COMMITTEE EACH CALENDAR YEAR
87		-	STARTING IN
88		-	2024. THE BOARD SHALL INCLUDE IN THE REPORT THE
89		-	FOLLOWING INFORMATION
90		-	:
	116	+	HE BOARD SHALL
	117	+	REPORT TO THE COMMITTEE AT THE FIRST21
	118	+	SCHEDULED MEETING OF THE COMMITTEE IN 2024. THE BOARD SHALL22
	119	+	INCLUDE IN THE REPORT THE FOLLOWING INFORMATION :23
91	120		(a) T
92		-	HE PUBLIC AWARENESS AND EDUCATION CAMPAIGN ACTIVITIES
93		-	OF THE BOARD IN THE PRIOR CALENDAR YEAR
94		-	;
	121	+	HE PUBLIC AWARENESS AND EDUCATION CAMPAIGN24
	122	+	ACTIVITIES OF THE BOARD IN THE PRIOR CALENDAR YEAR ;25
95	123		(b) T
96		-	HE AMOUNT OF MONEY SPENT ON THE CAMPAIGN IN THE ~~PRIOR~~
97		-	CALENDAR YEAR AND A DETAILED ACCOUNTING OF HOW THE MONEY ~~WAS~~
98		-	~~SPENT~~
99		-	; ~~AND~~
100		-	(c) ~~ANY RECOMMENDATIONS OF THE BOARD CONCERNING CHANGES~~
101		-	TO THE ~~PUBLIC AWARENESS AND EDUCATION CAMPAIGN AND THE~~
102		-	~~CONTINUATION OR REPEAL OF~~ THE ~~DUTIES OF THE BOARD CONCERNING THE~~
103		-	~~CAMPAIGN~~
104		-	.
	124	+	HE AMOUNT OF MONEY SPENT ON THE CAMPAIGN IN THE PRIOR26
	125	+	CALENDAR YEAR AND A DETAILED ACCOUNTING OF HOW THE MONEY WAS27
	126	+	081
	127	+	-3- SPENT; AND1
	128	+	(c) A
	129	+	NY RECOMMENDATIONS OF THE BOARD CONCERNING2
	130	+	CHANGES TO THE PUBLIC AWARENESS AND EDUCATION CAMPAIGN AND3
	131	+	THE CONTINUATION OR REPEAL OF THE DUTIES OF THE BOARD CONCERNING4
	132	+	THE CAMPAIGN.5
105	133		(3) T
106		-	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2028. THE
107		-	COMMITTEE MAY REPORT A BILL TO THE LEGISLATIVE COUNCIL OF THE
108		-	GENERAL ASSEMBLY PURSUANT TO SECTION
109		-	10-22-107 (5) TO EXTEND OR
110		-	ELIMINATE THE REPEAL DATE IN THIS SECTION
111		-	.
112		-	SECTION 2. In Colorado Revised Statutes, 10-22-110, amend
113		-	(3)(a) introductory portion, (3)(a)(II), (4)(b), and (5) as follows:
114		-	10-22-110. Tax credit for contributions to the exchange -
115		-	allocation notice - rules - repeal. (3) (a) Subject to paragraph (c) of
116		-	subsection (4) SUBSECTION (4)(c) of this section, an insurance company
117		-	shall become a qualified taxpayer if all of the following conditions are met:
118		-	(II) The total amount of the tax credits granted by the commissioner
119		-	does not exceed five million dollars;
120		-	EXCEPT THAT, ON AND AFTER
121		-	SEPTEMBER 1, 2022, THROUGH AUGUST 31, 2028, THE TOTAL AMOUNT OF
122		-	THE TAX CREDITS DOES NOT EXCEED NINE MILLION DOLLARS
123		-	; and
124		-	(4) (b) (I) Subject to paragraph (c) of this subsection (4)
125		-	SUBSECTION
126		-	(4)(c) OF THIS SECTION, the commissioner shall allocate no more than a total
127		-	of five million dollars THE FOLLOWING TOTAL AMOUNTS of premium tax
128		-	credits per year:
	134	+	HIS SECTION IS REPEALED, EFFECTIVE
	135	+	DECEMBER 31, 2025.6
	136	+	T
	137	+	HE COMMITTEE MAY REPORT A BILL TO THE LEGISLATIVE COUNCIL OF THE7
	138	+	GENERAL ASSEMBLY PURSUANT TO SECTION 10-22-107 (5) TO EXTEND OR8
	139	+	ELIMINATE THE REPEAL DATE IN THIS SECTION.
	140	+	9
	141	+	10
	142	+	SECTION 2. In Colorado Revised Statutes, 10-22-110, amend11
	143	+	(3)(a) introductory portion, (3)(a)(II), (4)(b), and (5) as follows:12
	144	+	10-22-110. Tax credit for contributions to the exchange -13
	145	+	allocation notice - rules - repeal. (3) (a) Subject to paragraph (c) of14
	146	+	subsection (4) SUBSECTION (4)(c) of this section, an insurance company15
	147	+	shall become a qualified taxpayer if all of the following conditions are16
	148	+	met:17
	149	+	(II) The total amount of the tax credits granted by the18
	150	+	commissioner does not exceed five million dollars;
	151	+	EXCEPT THAT, ON AND
	152	+	19
	153	+	AFTER SEPTEMBER 1, 2022, THROUGH AUGUST 31, 2024, THE TOTAL20
	154	+	AMOUNT OF THE TAX CREDITS DOES NOT EXCEED TEN MILLION DOLLARS ;21
	155	+	and22
	156	+	(4) (b) (I) Subject to paragraph (c) of this subsection (4)23
	157	+	SUBSECTION (4)(c) OF THIS SECTION, the commissioner shall allocate no24
	158	+	more than a total of five million dollars THE FOLLOWING TOTAL AMOUNTS25
	159	+	of premium tax credits per year:26
129	160		(A) B
130		-	EFORE SEPTEMBER 1, 2022, A TOTAL OF FIVE MILLION DOLLARS;
131		-	PAGE 3-SENATE BILL 22-081 (B) ON AND AFTER SEPTEMBER 1, 2022, THROUGH AUGUST 31, 2028,
132		-	A TOTAL OF NINE MILLION DOLLARS; AND
133		-	(C) ON AND AFTER SEPTEMBER 1, 2028, A TOTAL OF FIVE MILLION
134		-	DOLLARS
135		-	.
	161	+	EFORE SEPTEMBER 1, 2022,
	162	+	A TOTAL OF FIVE MILLION27
	163	+	081
	164	+	-4- DOLLARS;1
	165	+	(B) O
	166	+	N AND AFTER SEPTEMBER 1, 2022, THROUGH AUGUST 31,
	167	+	2
	168	+	2024, A TOTAL OF TEN MILLION DOLLARS; AND3
	169	+	(C) O
	170	+	N AND AFTER SEPTEMBER 1,
	171	+	2024, A TOTAL OF FIVE MILLION4
	172	+	DOLLARS.5
136	173		(II) E
137		-	XCEPT AS PROVIDED IN SUBSECTION (4)(b)(III) OF THIS
138		-	SECTION
139		-	, the commissioner shall allocate to an insurance company that has
140		-	declared its intent to contribute to the exchange pursuant to this section tax
141		-	credits in an amount equal to the amount of premium taxes paid by the
142		-	insurance company in its quarterly tax payment due on or about July 31 in
143		-	the order in which the division receives such quarterly tax payments until
144		-	the full amount of credits available pursuant to this section has been
145		-	allocated. except that,
146		-	(III) If such THE amount of PREMIUM taxes or the sum of all the
147		-	PREMIUM taxes filed by all the insurance companies on any one day would
148		-	exceed, singly or in the aggregate, the annual maximum aggregate amount
149		-	of tax credits available under this section, the commissioner shall reduce the
150		-	allocation to the insurance company whose contribution first exceeds the
151		-	annual maximum aggregate to the amount needed to satisfy the annual
152		-	maximum aggregate. If the commissioner is unable to determine the order
153		-	of receipt of tax payments on that day, the commissioner shall allocate the
154		-	tax credits to the company or among the companies on a pro rata basis
155		-	based on the ratio such company's quarterly tax payment bears to the total
156		-	amount of all such companies' quarterly tax payments until the full amount
157		-	of credits available pursuant to this section has been allocated.
158		-	(5) The board shall use moneys
159		-	MONEY contributed to the exchange
160		-	AS FOLLOWS:
161		-	(a) T
162		-	HE AMOUNT OF CONTRIBUTIONS FROM INSURERS TO WHICH THE
163		-	FIRST FIVE MILLION DOLLARS OF TAX CREDITS IS ALLOCATED
164		-	pursuant to
165		-	SUBSECTION (4)(b) OF this section and THE interest derived from the deposit
166		-	and investment of the moneys
167		-	MONEY, to operate and sustain the exchange
168		-	and to build reserves;
169		-	EXCEPT THAT, ON AND AFTER SEPTEMBER 1, 2028, THE
170		-	TOTAL AMOUNT OF CONTRIBUTIONS AND INTEREST DERIVED FROM THE
171		-	DEPOSIT AND INVESTMENT OF THE MONEY SHALL BE USED FOR THE PURPOSES
172		-	SPECIFIED IN THIS SUBSECTION
173		-	(5)(a).
174		-	PAGE 4-SENATE BILL 22-081 (b) (I) ANY AMOUNT OF CONTRIBUTIONS FROM INSURERS TO WHICH
175		-	ANY AMOUNT IN EXCESS OF THE FIRST FIVE MILLION DOLLARS OF TAX
176		-	CREDITS IS ALLOCATED PURSUANT TO SUBSECTION
177		-	(4)(b) OF THIS SECTION
178		-	AND THE INTEREST DERIVED FROM THE DEPOSIT AND INVESTMENT OF THE
179		-	MONEY
180		-	, FOR THE PUBLIC AWARENESS AND EDUCATION CAMPAIGN IN SECTION
181		-	10-22-115.
	174	+	XCEPT AS PROVIDED IN SUBSECTION (4)(b)(III) OF THIS6
	175	+	SECTION, the commissioner shall allocate to an insurance company that7
	176	+	has declared its intent to contribute to the exchange pursuant to this8
	177	+	section tax credits in an amount equal to the amount of premium taxes9
	178	+	paid by the insurance company in its quarterly tax payment due on or10
	179	+	about July 31 in the order in which the division receives such quarterly11
	180	+	tax payments until the full amount of credits available pursuant to this12
	181	+	section has been allocated. except that,
	182	+	13
	183	+	(III) If such THE amount of PREMIUM taxes or the sum of all the14
	184	+	PREMIUM taxes filed by all the insurance companies on any one day would15
	185	+	exceed, singly or in the aggregate, the annual maximum aggregate amount16
	186	+	of tax credits available under this section, the commissioner shall reduce17
	187	+	the allocation to the insurance company whose contribution first exceeds18
	188	+	the annual maximum aggregate to the amount needed to satisfy the annual19
	189	+	maximum aggregate. If the commissioner is unable to determine the order20
	190	+	of receipt of tax payments on that day, the commissioner shall allocate the21
	191	+	tax credits to the company or among the companies on a pro rata basis22
	192	+	based on the ratio such company's quarterly tax payment bears to the total23
	193	+	amount of all such companies' quarterly tax payments until the full24
	194	+	amount of credits available pursuant to this section has been allocated.25
	195	+	(5) The board shall use moneys MONEY contributed to the26
	196	+	exchange
	197	+	AS FOLLOWS:27
	198	+	081
	199	+	-5- (a) THE AMOUNT OF CONTRIBUTIONS FROM INSURERS TO WHICH1
	200	+	THE FIRST FIVE MILLION DOLLARS OF TAX CREDITS IS ALLOCATED pursuant2
	201	+	to
	202	+	SUBSECTION (4)(b) OF this section and THE interest derived from the3
	203	+	deposit and investment of the moneys
	204	+	MONEY, to operate and sustain the4
	205	+	exchange and to build reserves;
	206	+	EXCEPT THAT, ON AND AFTER SEPTEMBER
	207	+	5
	208	+	1, 2024, THE TOTAL AMOUNT OF CONTRIBUTIONS AND INTEREST DERIVED6
	209	+	FROM THE DEPOSIT AND INVESTMENT OF THE MONEY SHALL BE USED FOR7
	210	+	THE PURPOSES SPECIFIED IN THIS SUBSECTION (5)(a).8
	211	+	(b) (I) A
	212	+	NY AMOUNT OF CONTRIBUTIONS FROM INSURERS TO WHICH9
	213	+	ANY AMOUNT IN EXCESS OF THE FIRST FIVE MILLION DOLLARS OF TAX10
	214	+	CREDITS IS ALLOCATED PURSUANT TO SUBSECTION (4)(b) OF THIS SECTION11
	215	+	AND THE INTEREST DERIVED FROM THE DEPOSIT AND INVESTMENT OF THE12
	216	+	MONEY, FOR THE PUBLIC AWARENESS AND EDUCATION CAMPAIGN IN13
	217	+	SECTION 10-22-115.14
182	218		(II) T
183		-	HIS SUBSECTION (5)(b) IS REPEALED, EFFECTIVE DECEMBER 31,
184		-	2028.
185		-	SECTION 3. Act subject to petition - effective date. This act
186		-	takes effect at 12:01 a.m. on the day following the expiration of the
187		-	ninety-day period after final adjournment of the general assembly; except
188		-	that, if a referendum petition is filed pursuant to section 1 (3) of article V
189		-	of the state constitution against this act or an item, section, or part of this act
190		-	within such period, then the act, item, section, or part will not take effect
191		-	unless approved by the people at the general election to be held in
192		-	PAGE 5-SENATE BILL 22-081 November 2022 and, in such case, will take effect on the date of the official
193		-	declaration of the vote thereon by the governor.
194		-	____________________________ ____________________________
195		-	Steve Fenberg Alec Garnett
196		-	PRESIDENT OF SPEAKER OF THE HOUSE
197		-	THE SENATE OF REPRESENTATIVES
198		-	____________________________ ____________________________
199		-	Cindi L. Markwell Robin Jones
200		-	SECRETARY OF CHIEF CLERK OF THE HOUSE
201		-	THE SENATE OF REPRESENTATIVES
202		-	APPROVED________________________________________
203		-	(Date and Time)
204		-	_________________________________________
205		-	Jared S. Polis
206		-	GOVERNOR OF THE STATE OF COLORADO
207		-	PAGE 6-SENATE BILL 22-081
	219	+	HIS SUBSECTION (5)(b) IS REPEALED, EFFECTIVE DECEMBER15
	220	+	31,
	221	+
	222	+	2024.16
	223	+	SECTION 3. Act subject to petition - effective date. This act17
	224	+	takes effect at 12:01 a.m. on the day following the expiration of the18
	225	+	ninety-day period after final adjournment of the general assembly; except19
	226	+	that, if a referendum petition is filed pursuant to section 1 (3) of article V20
	227	+	of the state constitution against this act or an item, section, or part of this21
	228	+	act within such period, then the act, item, section, or part will not take22
	229	+	effect unless approved by the people at the general election to be held in23
	230	+	November 2022 and, in such case, will take effect on the date of the24
	231	+	official declaration of the vote thereon by the governor.25
	232	+	081
	233	+	-6-