Page 1
March 29, 2024
SB 24-019
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Revised Fiscal Note
(replaces fiscal note dated January 23, 2024)
Drafting Number:
Prime Sponsors:
LLS 24-0446
Sen. Smallwood; Kolker
Rep. Vigil; Soper
Date:
Bill Status:
Fiscal Analyst:
March 29, 2024
House Trans., Hous. & Local Govt.
Nina Forbes | 303-866-4785
nina.forbes@coleg.gov
Bill Topic: REMUNERATION-EXEMPT IDENTIFYING PLACARDS
Summary of
Fiscal Impact:
☐ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☐ Local Government
☐ Statutory Public Entity
The bill expands and clarifies access to remuneration-exempt placards. The bill
increases state expenditures in FY 2024-25 and FY 2025-26 only.
Appropriation
Summary:
For FY 2024-25, the bill includes an appropriation of $10,782 to the Department of
Revenue.
Fiscal Note
Status:
The revised fiscal note reflects the reengrossed bill
Table 1
State Fiscal Impacts Under SB 24-019
Budget Year
FY 2024-25
Out Year
FY 2025-26
Revenue - -
Expenditures Cash Funds $10,782 $10,843
Transfers - -
Other Budget Impacts - -
Page 2
March 29, 2024
SB 24-019
Summary of Legislation
Under current law, individuals with remuneration-exempt placards are exempt from paying at a
parking device. The bill defines “parking device” and makes clarifications regarding
remuneration-exempt placards as follows:
it increases the number of remuneration-exempt placards that the Department of Revenue
(DOR) may issue from one to two per person;
it clarifies that a remuneration-exempt placard is not included in the limits on disability
identifying placards and license plates that the DOR may issue to an individual; and
it specifies that individuals with remuneration-exempt placards are exempt from paying at a
parking device within a parking lot.
Background and Assumptions
Remuneration-exempt placards. Identifying placards, including remuneration-exempt
placards, are issued to eligible individuals at no cost. More information about
remuneration-exempt placards is available on the DOR’s website.
DRIVES programming. The Division of Motor Vehicles (DMV) in the DOR uses its Driver
License, Record, Identification and Vehicle Enterprise Solution (DRIVES) information technology
system for all driver license and motor vehicle transactions. The DRIVES system requires an
extensive 18-month upgrade which is scheduled to take place from July 1, 2024, through
March 31, 2026. As a result, the DOR has requested that any new legislation requiring DRIVES
programming have an effective date of April 1, 2026, with roll-forward spending authority
through FY 2026-27, noting that each programming requirement during the system upgrade
period may increase the overall project timeline. Based on the current effective date in the bill,
the fiscal note includes costs for the DRIVES programming to take place twice—in the existing
and new system.
State Expenditures
The bill increases state cash fund expenditures by $10,782 in FY 2024-25 and $10,843 in
FY 2025-26. Expenditures are shown in Table 2 and discussed below.
Table 2
State Expenditures Under SB 24-019
FY 2024-25 FY 2025-26
Department of Revenue
DRIVES Programming $10,447 $10,671
Placards $335 $172
Total Expenditures $10,782 $10,843
Page 3
March 29, 2024
SB 24-019
DRIVES programming. Programming and testing costs of $9,160 in FY 2024-25 and $9,384 in
FY 2025-26 are required to update the Driver License, Record, Identification and Vehicle
Enterprise Solutions (DRIVES) system. Office of Information Technology (OIT) support
requirements are estimated at 13 hours at a rate of $99 per hour for a total cost of $1,287, which
will be allocated to the DOR and paid to OIT via real time billing in each year. These costs are
paid from the DRIVES Cash Fund.
Additional placards. Based on the number of existing remuneration-exempt placards the DOR
currently issues, the department will produce an estimated 744 additional placards in
FY 2024-25 and 220 additional placards in FY 2025-26 at a cost of $0.45 per placard. These costs
are paid from the License Plate Cash Fund.
Technical Note
The fiscal note currently includes a duplicative programming cost for the DOR’s DRIVES system,
as discussed in the Background and Assumptions section. The duplicate cost would be removed
if the bill’s effective date were amended to April 1, 2026, when the DRIVES upgrade is complete.
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 2024-25, the bill includes the following appropriations to the Department of Revenue:
$10,447 from the DRIVES Account; and
$335 from the License Plate Cash Fund.
State and Local Government Contacts
Revenue
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 the General Assembly website.