Page 1June 1, 2022
June 28, 2022 SB 22-092
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Final Fiscal Note
Drafting Number:
Prime Sponsors:
LLS 22-0686
Sen. Gardner
Rep. Soper
Date:
Bill Status:
Fiscal Analyst:
June 28, 2022
Signed into Law
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 enacted 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 was signed into law by the Governor on March 30, 2022, and takes effect on August 9, 2022,
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.