Colorado 2025 Regular Session

Colorado Senate Bill SB036 Latest Draft

Bill / Engrossed Version Filed 02/18/2025

                            First Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
REENGROSSED
This Version Includes All Amendments
Adopted in the House of Introduction
LLS NO. 25-0262.01 Jed Franklin x5484
SENATE BILL 25-036
Senate Committees House Committees
Business, Labor, & Technology
A BILL FOR AN ACT
C
ONCERNING AN EXCEPTION TO THE REQUIREMENT THAT MEMBERS OF101
THE COLORADO STATE PATROL POST A BOND .102
Bill Summary
(Note:  This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov
.)
Currently, a member of the Colorado state patrol must be bonded
by a surety company or must be insured with third-party crime insurance.
The bill creates an exception to the bonding or third-party insurance
requirement if the Colorado 
state patrol is self-insured with the Colorado
state office of risk management and is eligible to be compensated from
the state self-insured property fund.
SENATE
3rd Reading Unamended
February 18, 2025
SENATE
2nd Reading Unamended
February 14, 2025
SENATE SPONSORSHIP
Catlin and Snyder,
HOUSE SPONSORSHIP
Lieder and Winter T.,
Shading denotes HOUSE amendment.  Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law. Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, 24-33.5-208, amend2
(1) introductory portion; and add (2) as follows:3
24-33.5-208.  Bonds - exception. (1)  E
XCEPT AS PROVIDED IN4
SUBSECTION (2) OF THIS SECTION, the members of the Colorado state5
patrol shall be required to give bond to the state in the amount indicated6
in this section, to be approved and paid for by the state. The bonds shall7
be issued by a surety company authorized to do business in the state in the8
following amounts:9
(2)  A
 MEMBER OF THE COLORADO STATE PATROL IS NOT REQUIRED10
TO GIVE THE BOND OTHERWISE REQUIRED BY SUBSECTION (1) OF THIS11
SECTION IF THE COLORADO STATE PATROL IS SELF-INSURED THROUGH THE12
C
OLORADO STATE OFFICE OF RISK MANAGEMENT AND IS ELIGIBLE TO BE13
COMPENSATED PURSUANT TO SECTION 24-30-1510.5 (5)(g).14
SECTION 2. Act subject to petition - effective date. This act15
takes effect at 12:01 a.m. on the day following the expiration of the16
ninety-day period after final adjournment of the general assembly; except17
that, if a referendum petition is filed pursuant to section 1 (3) of article V18
of the state constitution against this act or an item, section, or part of this19
act within such period, then the act, item, section, or part will not take20
effect unless approved by the people at the general election to be held in21
November 2026 and, in such case, will take effect on the date of the22
official declaration of the vote thereon by the governor.23
036-2-