Colorado 2022 2022 Regular Session

Colorado Senate Bill SB092 Introduced / Fiscal Note

Filed 02/15/2022

                    Page 1 
February 14, 2022  SB 22-092  
 
 Legislative Council Staff 
Nonpartisan Services for Colorado’s Legislature 
 
Fiscal Note  
  
 
Drafting Number: 
Prime Sponsors: 
LLS 22-0686  
Sen. Gardner 
  
Date: 
Bill Status: 
Fiscal Analyst: 
February 14, 2022 
Senate Judiciary  
Will Clark | 303-866-4720 
Will.Clark@state.co.us  
Bill Topic: UPDATE COLORADO PROBATE CODE  
Summary of  
Fiscal Impact: 
No fiscal impact.  The bill clarifies how property passes when an individual dies 
without a will and the estate does not pass to a surviving spouse or designated 
beneficiary. The bill does not affect the revenue or expenditures of any state or local 
government and has been assessed as having no fiscal impact. 
Appropriation 
Summary: 
No appropriation is required. 
Fiscal Note 
Status: 
The fiscal note reflects the introduced bill. 
Summary of Legislation 
The bill describes how property passes when an individual dies without a will and the estate, or any 
part of the estate, does not pass to a surviving spouse or designated beneficiary.  The bill also clarifies 
how estates pass to surviving descendants of a deceased parent or grandparent. 
Assessment of No Fiscal Impact 
The bill addresses the distribution of an estate, the priority for such distributions and the portion given 
to surviving descendants. The bill clarifies existing statute and does not substantively change 
procedures or processes of the trial courts.   It will not affect state or local revenue or expenditures; 
therefore, this bill has been 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 
Information Technology Judicial  Law 
 
 
 
 
 
 
 
 
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.