37 | 33 | | HOUSE SPONSORSHIP |
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38 | 34 | | Garcia and Zokaie, |
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39 | 35 | | Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. |
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40 | 36 | | Capital letters or bold & italic numbers indicate new material to be added to existing law. |
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41 | 37 | | Dashes through the words or numbers indicate deletions from existing law. Section 20 of article X of the state constitution (TABOR) defines |
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42 | 38 | | "fiscal year spending" as not including either "damage awards" or |
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43 | 39 | | "property sales". Although TABOR does not define either "damage |
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44 | 40 | | award" or "property sale", the TABOR implementing statutes do. The bill |
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45 | 41 | | clarifies both of these definitions for state fiscal years commencing on or |
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46 | 42 | | after July 1, 2024. |
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47 | 43 | | The bill clarifies that "damage award", as used for the purpose of |
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48 | 44 | | determining whether specific money received by the state is subject to the |
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49 | 45 | | TABOR limitation on state fiscal year spending, includes certain civil |
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50 | 46 | | penalties imposed by the state. |
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51 | 47 | | The bill also clarifies that "property sale", as used for the purpose |
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52 | 48 | | of determining whether specific money received by the state is subject to |
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53 | 49 | | the TABOR limitation on state fiscal year spending, includes certain |
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54 | 50 | | specified sales by the state. |
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55 | 51 | | Be it enacted by the General Assembly of the State of Colorado:1 |
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56 | 52 | | SECTION 1. Legislative declaration. (1) The general assembly2 |
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57 | 53 | | finds and declares that:3 |
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58 | 54 | | (a) Section 20 (2)(e) of article X of the state constitution exempts4 |
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59 | 55 | | "damage awards" and "property sales" from "fiscal year spending", as5 |
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60 | 56 | | defined in section 20 (2)(e) of article X of the state constitution;6 |
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61 | 57 | | (b) Under the existing statutory definition of "damage award",7 |
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62 | 58 | | some money that the state collects as fines or penalties for violations of8 |
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63 | 59 | | certain legal requirements is treated as state fiscal year spending when9 |
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64 | 60 | | determining whether the state has exceeded the state's fiscal year10 |
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65 | 61 | | spending limit despite the constitutional exemption for such collections; 11 |
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66 | 62 | | (c) It is inconsistent with section 20 of article X of the state12 |
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67 | 63 | | constitution to treat money that the state collects as fines or penalties for13 |
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68 | 64 | | violations of certain legal requirements as state revenue in light of the14 |
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69 | 65 | | specific exemption for "damage awards";15 |
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70 | 66 | | (d) Under the existing statutory definition of "property sales",16 |
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71 | 67 | | some money that the state collects from sales of tangible or intangible17 |
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72 | 68 | | 173-2- assets is treated as state fiscal year spending when determining whether1 |
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73 | 69 | | the state has exceeded the state's fiscal year spending limit despite the2 |
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74 | 70 | | constitutional exemption for such collections;3 |
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75 | 71 | | (e) It is inconsistent with section 20 of article X of the state4 |
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76 | 72 | | constitution to treat money that the state collects from sales of tangible or5 |
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77 | 73 | | intangible assets as state fiscal year spending in light of the specific6 |
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78 | 74 | | exemption for "property sales"; and7 |
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79 | 75 | | (f) Nothing in this act operates to exclude any money that has8 |
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80 | 76 | | been included as "damage awards" or "property sales" under the9 |
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81 | 77 | | preexisting definitions of those terms from the clarified definitions of10 |
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82 | 78 | | those terms in this act - that money continues to be included in these11 |
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83 | 79 | | clarified definitions.12 |
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84 | 80 | | SECTION 2. In Colorado Revised Statutes, 24-77-102, amend13 |
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85 | 81 | | (2) and (11) as follows:14 |
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86 | 82 | | 24-77-102. Definitions. As used in this article 77, unless the15 |
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87 | 83 | | context otherwise requires:16 |
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88 | 84 | | (2) "Damage award" means any pecuniary compensation received17 |
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89 | 85 | | by the state as a result of:18 |
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90 | 86 | | (a) Any judgment or allowance in favor of the state; |
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91 | 87 | | AND19 |
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92 | 88 | | (b) F |
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93 | 89 | | OR STATE FISCAL YEARS COMMENCING ON OR AFTER JULY 1,20 |
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94 | 90 | | 2024:21 |
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95 | 91 | | (I) A |
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96 | 92 | | CIVIL MONETARY PENALTY ASSESSED BY THE DEPARTMENT22 |
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97 | 93 | | OF HEALTH CARE POLICY AND FINANCING PURSUANT TO SECTION23 |
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98 | 94 | | 25.5-6-205;24 |
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99 | 95 | | (II) A |
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100 | 96 | | CIVIL MONETARY PENALTY IMPOSED BY THE DIVISION OF25 |
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101 | 97 | | ADMINISTRATION OF THE DEPARTMENT OF PUBLIC HEALTH AND26 |
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102 | 98 | | ENVIRONMENT PURSUANT TO SECTION 25-8-608;27 |
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103 | 99 | | 173 |
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104 | 100 | | -3- (III) A MONETARY PENALTY IMPOSED BY THE ENERGY AND1 |
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105 | 101 | | CARBON MANAGEMENT COMMISSION PURSUANT TO SECTION 34-60-1212 |
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106 | 102 | | (1);3 |
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107 | 103 | | (IV) A |
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108 | 104 | | MONETARY FINE OR PENALTY COLLECTED BY THE DIVISION4 |
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109 | 105 | | OF ADMINISTRATION OF THE DEPARTMENT OF PUBLIC HEALTH AND5 |
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110 | 106 | | ENVIRONMENT PURSUANT TO SECTION 25-7-115, 25-7-122, OR 25-7-1236 |
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111 | 107 | | AND DEPOSITED IN THE COMMUNITY IMPACT CASH FUND CREATED IN7 |
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112 | 108 | | SECTION 25-7-129; AND8 |
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113 | 109 | | (V) A |
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114 | 110 | | MONETARY PENALTY COLLECTED BY THE DIVISION OF LABOR9 |
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115 | 111 | | STANDARDS AND STATISTICS OF THE DEPARTMENT OF LABOR AND10 |
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116 | 112 | | PURSUANT TO SECTION 8-1-114.11 |
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117 | 113 | | (11) "Property sale" means:12 |
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118 | 114 | | (a) Any transfer of the ownership of an estate in tangible assets or13 |
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119 | 115 | | intangible rights, excluding leasehold interests, in which or to which the14 |
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120 | 116 | | state has rights protected by law from the state to any party for15 |
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121 | 117 | | consideration; or |
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122 | 118 | | 16 |
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123 | 119 | | (b) Any contract resulting in the payment of pecuniary17 |
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124 | 120 | | compensation to the state for permitting another to exploit, use, or market18 |
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125 | 121 | | nonrenewable natural resources which are located on real property owned19 |
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126 | 122 | | by the state and which are subject to depletion with use; |
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127 | 123 | | OR20 |
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128 | 124 | | (c) F |
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129 | 125 | | OR STATE FISCAL YEARS COMMENCING ON OR AFTER JULY 1,21 |
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130 | 126 | | 2024, |
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131 | 127 | | A TRANSFER OF RIGHTS IN TANGIBLE OR INTANGIBLE PROPERTY ,22 |
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132 | 128 | | EXCLUDING LEASEHOLD INTERESTS , IN WHICH OR TO WHICH THE STATE23 |
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133 | 129 | | HAS RIGHTS PROTECTED BY LAW FROM THE STATE TO ANY PARTY FOR24 |
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134 | 130 | | CONSIDERATION. SUCH A TRANSFER OF RIGHTS INCLUDES:25 |
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135 | 131 | | (I) M |
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136 | 132 | | ERCHANDISE SALES |
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137 | 133 | | AT THE HISTORY COLORADO CENTER;26 |
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138 | 134 | | (II) M |
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139 | 135 | | ERCHANDISE SALES |
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140 | 136 | | AT STATE HISTORICAL SOCIETY27 |
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141 | 137 | | 173 |
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142 | 138 | | -4- MUSEUMS OTHER THAN THE HISTORY COLORADO CENTER;1 |
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143 | 139 | | (III) S |
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144 | 140 | | ALES OF SUPPLIES RELATED TO AGRICULTURAL INSPECTIONS ;2 |
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145 | 141 | | (IV) S |
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146 | 142 | | ALES OF SUPPLIES RELATED TO WILDFIRE EQUIPMENT REPAIR; 3 |
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147 | 143 | | (V) S |
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148 | 144 | | ALES OF SUPPLIES RELATED TO PESTICIDE INSPECTIONS ;4 |
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149 | 145 | | (VI) S |
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150 | 146 | | ALES RELATED TO THE CORRECTIONAL EDUCATION PROGRAM5 |
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151 | 147 | | ESTABLISHED IN SECTION 17-32-105;6 |
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152 | 148 | | (VII) S |
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153 | 149 | | ALES RELATED TO THE BUSINESS ENTERPRISE PROGRAM7 |
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154 | 150 | | CREATED IN PART 2 OF ARTICLE 84 OF TITLE 8;8 |
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155 | 151 | | (VIII) N |
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156 | 152 | | ON-CONCESSION SALES AT THE COLORADO STATE FAIR;9 |
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157 | 153 | | AND10 |
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158 | 154 | | (IX) T |
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159 | 155 | | HE SALE OF WINE FOR PROMOTIONAL PURPOSES BY THE11 |
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160 | 156 | | C |
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161 | 157 | | OLORADO WINE INDUSTRY DEVELOPMENT BOARD , CREATED IN ARTICLE12 |
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162 | 158 | | 29.5 |
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163 | 159 | | OF TITLE 35.13 |
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164 | 160 | | SECTION 3. Safety clause. The general assembly finds,14 |
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165 | 161 | | determines, and declares that this act is necessary for the immediate15 |
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166 | 162 | | preservation of the public peace, health, or safety or for appropriations for16 |
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167 | 163 | | the support and maintenance of the departments of the state and state17 |
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168 | 164 | | institutions.18 |
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169 | 165 | | 173 |
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170 | 166 | | -5- |
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