Senate Bill 25-051 Reengrossed

A Bill for an Act

• Page 1, Line 101Concerning the definition of operating costs for

• Page 1, Line 102calculating cost efficiency metrics for the regional

• Page 1, Line 103transportation district.

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/.)

Legislative Audit Committee. Currently, for purposes of reporting cost efficiency metrics, the regional transportation district is required to calculate "operating costs" by including depreciation and excluding costs incurred in long-term planning and development of mass transportation and rapid transit infrastructures and the costs incurred as a result of providing transportation services mandated by the federal "Americans with Disabilities Act of 1990". The bill changes the definition of "operating costs" to mean all operating expenditures, excluding depreciation.

• Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:

• Page 2, Line 2SECTION 1.  In Colorado Revised Statutes, 32-9-119.7, amend (2) as follows:

• Page 2, Line 332-9-119.7.  Cost efficiency of transit services - reporting -

• Page 2, Line 4plans - definition. (2)  For the purposes of this section, "operating costs"

• Page 2, Line 5means all operating expenditures, including excluding depreciation.

• Page 2, Line 6except for those incurred in long-term planning and development of mass

• Page 2, Line 7transportation and rapid transit infrastructures and those costs incurred as

• Page 2, Line 8a result of providing transportation service mandated by the federal

• Page 2, Line 9"Americans with Disabilities Act of 1990", 42 U.S.C. sec. 12101 through 12213.

• Page 2, Line 10SECTION 2.  Act subject to petition - effective date. This act

• Page 2, Line 11takes effect at 12:01 a.m. on the day following the expiration of the

• Page 2, Line 12ninety-day period after final adjournment of the general assembly; except

• Page 2, Line 13that, if a referendum petition is filed pursuant to section 1 (3) of article V

• Page 2, Line 14of the state constitution against this act or an item, section, or part of this

• Page 2, Line 15act within such period, then the act, item, section, or part will not take

• Page 2, Line 16effect unless approved by the people at the general election to be held in

• Page 2, Line 17November 2026 and, in such case, will take effect on the date of the official declaration of the vote thereon by the governor.