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February 22, 2023 HB 23-1074
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Revised Fiscal Note
(replaces fiscal note dated January 30, 2023)
Drafting Number:
Prime Sponsors:
LLS 23-0647
Rep. Dickson; Amabile
Date:
Bill Status:
Fiscal Analyst:
February 22, 2023
House Appropriations
Colin Gaiser | 303-866-2677
colin.gaiser@coleg.gov
Bill Topic: STUDY WORKFORCE TRANSITIONS TO OTHER INDUSTRIES
Summary of
Fiscal Impact:
☐ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☐ Local Government
☐ Statutory Public Entity
The bill requires the Department of Labor and Employment to commission a study on
the skill transferability of workers in the oil and gas industry and in occupations facing
disruption due to automation and technological development. The bill increases state
expenditures in FY 2023-24 and FY 2024-25.
Appropriation
Summary:
For FY 2023-24, the bill requires an appropriation of $317,318 to the Department of
Labor and Employment.
Fiscal Note
Status:
The revised fiscal note reflects the introduced bill, as amended by the House Business
Affairs and Labor Committee.
Table 1
State Fiscal Impacts Under HB 23-1074
Budget Year
FY 2023-24
Out Year
FY 2024-25
Revenue - -
Expenditures General Fund $317,318 $23,090
Centrally Appropriated $3,826 $5,468
Total Expenditures $321,144 $28,558
Total FTE 0.2 FTE 0.3 FTE
Transfers - -
Other Budget Impacts General Fund Reserve $47,598 $3,464
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February 22, 2023 HB 23-1074
Summary of Legislation
The bill requires the Office to Future of Work in the Department of Labor and Employment (CDLE)
to solicit a vendor contract, through a competitive process, for a study to evaluate the skill
transferability of workers in the oil and gas industry and in occupations in Colorado facing disruption
due to automation and technological development. The bill specifies that the study must make policy
recommendations, consult with relevant stakeholders, evaluate and analyze current funding sources
available for workforce development, identify transferable skills and emerging industries, and
identify ways to remove barriers to obtaining appropriate skills and licenses. The study must be
completed on or before December 1, 2024, and a report submitted to the Governor’s Office and
relevant legislative committees.
State Expenditures
The bill increases General Fund expenditures by $321,144 in FY 2023-24 and $28,558 in FY 2024-25 in
the CDLE. Expenditures are shown in Table 2 and detailed below.
Table 2
Expenditures Under HB 23-1074
FY 2023-24 FY 2024-25
Department of Labor & Employment
Personal Services $17,318 $23,090
Vendor Contract Cost $300,000 -
Centrally Appropriated Costs
1
$3,826 $5,468
Total Cost $321,144 $28,558
Total FTE 0.2 FTE 0.3 FTE
1
Centrally appropriated costs are not included in the bill's appropriation.
Department of Labor and Employment. The CLDE will incur a cost of $300,000 to commission the
study required under the bill. This figure is based on the cost of recent studies and department
contracts, relative to the size and scope of the study required by the bill, and the fiscal note assumes
it will be spent over two years. In addition, the CDLE requires a 0.3 FTE term-limited position at
Analyst IV level to select a vendor to conduct the study, coordinate with the Colorado Energy Office,
oversee the vendor contract, and review drafts and final products. First year costs are prorated for the
General Fund pay date shift and a September 1, 2023, start date.
Centrally appropriated costs. Pursuant to a Joint Budget Committee policy, certain costs associated
with this bill are addressed through the annual budget process and centrally appropriated in the Long
Bill or supplemental appropriations bills, rather than in this bill. These costs, which include employee
insurance and supplemental employee retirement payments, are shown in Table 2.
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February 22, 2023 HB 23-1074
Other Budget Impacts
General Fund reserve. Under current law, an amount equal to 15 percent of General Fund
appropriations must be set aside in the General Fund statutory reserve. Based on this fiscal note, the
bill is expected to increase the amount of General Fund held in reserve by the amounts shown in
Table 1, which will decrease the amount of General Fund available for other purposes.
Effective Date
The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming no
referendum petition is filed.
State Appropriations
For FY 2023-24, the bill the requires a General Fund appropriation of $317,318 to the Department of
Labor and Employment, and 0.2 FTE. The department requires roll-forward spending authority for
this amount through FY 2024-25.
State and Local Government Contacts
Economic Development Governor Information Technology
Labor
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.