SB 25-023 CO

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Became Law

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.)

• Rod Pelton Republican · primary
• Dafna Michaelson Jenet · primary
• William Lindstedt Democratic · primary

1. Apr 7, 2025 Governor Signed · executive
2. Mar 28, 2025 Sent to the Governor · executive
3. Mar 28, 2025 Signed by the Speaker of the House · lower
4. Mar 28, 2025 Signed by the President of the Senate · upper
5. Mar 25, 2025 House Third Reading Passed - No Amendments · lower
6. Mar 21, 2025 House Third Reading Laid Over Daily - No Amendments · lower
7. Mar 20, 2025 House Second Reading Special Order - Passed - No Amendments · lower
8. Mar 19, 2025 House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the Whole · lower
9. Feb 6, 2025 Introduced In House - Assigned to Transportation, Housing & Local Government · lower
10. Feb 5, 2025 Senate Third Reading Passed - No Amendments · upper
11. Feb 4, 2025 Senate Second Reading Passed - No Amendments · upper
12. Jan 30, 2025 Senate Committee on Local Government & Housing Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
13. Jan 8, 2025 Introduced In Senate - Assigned to Local Government & Housing · upper