11 | 11 | | A BILL FOR AN ACT |
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12 | 12 | | C |
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13 | 13 | | ONCERNING AN EXCEPTION TO THE REQUIREMENT THAT MEMBERS OF101 |
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14 | 14 | | THE COLORADO STATE PATROL POST A BOND .102 |
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15 | 15 | | Bill Summary |
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16 | 16 | | (Note: This summary applies to this bill as introduced and does |
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17 | 17 | | not reflect any amendments that may be subsequently adopted. If this bill |
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18 | 18 | | passes third reading in the house of introduction, a bill summary that |
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19 | 19 | | applies to the reengrossed version of this bill will be available at |
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20 | 20 | | http://leg.colorado.gov |
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21 | 21 | | .) |
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22 | 22 | | Currently, a member of the Colorado state patrol must be bonded |
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23 | 23 | | by a surety company or must be insured with third-party crime insurance. |
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24 | 24 | | The bill creates an exception to the bonding or third-party insurance |
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25 | 25 | | requirement if the Colorado |
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26 | 26 | | state patrol is self-insured with the Colorado |
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27 | 27 | | state office of risk management and is eligible to be compensated from |
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28 | 28 | | the state self-insured property fund. |
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32 | 29 | | SENATE |
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33 | 30 | | 3rd Reading Unamended |
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34 | 31 | | February 18, 2025 |
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35 | 32 | | SENATE |
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36 | 33 | | 2nd Reading Unamended |
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37 | 34 | | February 14, 2025 |
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38 | 35 | | SENATE SPONSORSHIP |
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39 | 36 | | Catlin and Snyder, |
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40 | 37 | | HOUSE SPONSORSHIP |
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41 | 38 | | Lieder and Winter T., |
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42 | 39 | | Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. |
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43 | 40 | | Capital letters or bold & italic numbers indicate new material to be added to existing law. |
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44 | 41 | | Dashes through the words or numbers indicate deletions from existing law. Be it enacted by the General Assembly of the State of Colorado:1 |
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45 | 42 | | SECTION 1. In Colorado Revised Statutes, 24-33.5-208, amend2 |
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46 | 43 | | (1) introductory portion; and add (2) as follows:3 |
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47 | 44 | | 24-33.5-208. Bonds - exception. (1) E |
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48 | 45 | | XCEPT AS PROVIDED IN4 |
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49 | 46 | | SUBSECTION (2) OF THIS SECTION, the members of the Colorado state5 |
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50 | 47 | | patrol shall be required to give bond to the state in the amount indicated6 |
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51 | 48 | | in this section, to be approved and paid for by the state. The bonds shall7 |
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52 | 49 | | be issued by a surety company authorized to do business in the state in the8 |
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53 | 50 | | following amounts:9 |
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54 | 51 | | (2) A |
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55 | 52 | | MEMBER OF THE COLORADO STATE PATROL IS NOT REQUIRED10 |
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56 | 53 | | TO GIVE THE BOND OTHERWISE REQUIRED BY SUBSECTION (1) OF THIS11 |
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57 | 54 | | SECTION IF THE COLORADO STATE PATROL IS SELF-INSURED THROUGH THE12 |
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58 | 55 | | C |
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59 | 56 | | OLORADO STATE OFFICE OF RISK MANAGEMENT AND IS ELIGIBLE TO BE13 |
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60 | 57 | | COMPENSATED PURSUANT TO SECTION 24-30-1510.5 (5)(g).14 |
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61 | 58 | | SECTION 2. Act subject to petition - effective date. This act15 |
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62 | 59 | | takes effect at 12:01 a.m. on the day following the expiration of the16 |
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63 | 60 | | ninety-day period after final adjournment of the general assembly; except17 |
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64 | 61 | | that, if a referendum petition is filed pursuant to section 1 (3) of article V18 |
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65 | 62 | | of the state constitution against this act or an item, section, or part of this19 |
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66 | 63 | | act within such period, then the act, item, section, or part will not take20 |
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67 | 64 | | effect unless approved by the people at the general election to be held in21 |
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68 | 65 | | November 2026 and, in such case, will take effect on the date of the22 |
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69 | 66 | | official declaration of the vote thereon by the governor.23 |
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70 | 67 | | 036-2- |
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