ColoradoLocal Government Audit Exemption Thresholds
What it does
The act allows a local government to seek from the state auditor an exemption from the annual audit of its financial statements if the local government's total fiscal year revenues and expenditures are each less than or equal to $200,000, instead of less than $100,000 as was previously the case. The act also allows a local government to seek from the state auditor an exemption from the annual audit of its financial statements if either the local government's total fiscal year revenues or expenditures are at least $200,000 and not more than $1,000,000, instead of at least $100,000 and not more than $750,000 as was previously the case. (Note: This summary applies to this bill as enacted.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 7Governor Jared Polis SignedBecame Law
- Mar 28Signed by the President of the Senate
- Mar 28Signed by the Speaker of the House
- Mar 28Sent to the GovernorTo Governor
- Mar 25House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Mar 21House Third Reading Laid Over Daily - No Amendments
- Mar 20House Second Reading Special Order - Passed - No Amendments
- Mar 19House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the WholeMinor
- Feb 6Introduced In House - Assigned to Transportation, Housing & Local GovernmentMinor
- Feb 5Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Feb 4Senate Second Reading Passed - No AmendmentsMinor
- Jan 30Senate Committee on Local Government & Housing Refer Unamended - Consent Calendar to Senate Committee of the WholeMinor
- Jan 8Introduced In Senate - Assigned to Local Government & HousingIntroduced