Senate Bill 25-140

BY SENATOR(S) Pelton R., Amabile, Catlin, Gonzales J., Hinrichsen, Jodeh, Roberts, Simpson, Winter F., Coleman;

also REPRESENTATIVE(S) Johnson, Bird, Duran, Keltie, McCormick, Richardson, Smith, Soper, Titone, Winter T., McCluskie.

Concerning adjusting dollar amounts related to the administration of irrigation districts formed pursuant to the irrigation district laws first enacted in 1905 to account for inflation.

Be it enacted by the General Assembly of the State of Colorado:

SECTION 1.  In Colorado Revised Statutes, 37-41-107, amend (5) as follows:

37-41-107.  Office of board - elections. (5)  Each judge of election shall receive as compensation the sum of up to one hundred fifty dollars per day, to be paid by the district.

SECTION 2.  In Colorado Revised Statutes, amend 37-41-108 as follows:

37-41-108.  Directors - secretary - salaries. Each member of the board of directors may receive compensation at the rate of up to one hundred fifty dollars per day while attending meetings and shall be reimbursed for his or hertheir actual and necessary expenses while engaged in official business. NoA director or officer named in this articlearticle 41 shall not be interested, directly or indirectly, in any manner, in any contract awarded or to be awarded by the board or in the profits to be derived therefromfrom the contract, nor shall he or shethey receive any bonds, gratuity, or bribe. For any violation of this section, such officer commits a class 6 felony and shall be punished as provided in section 18-1.3-401. C.R.S. He or she shall also forfeit his or hertheir office upon conviction.

SECTION 3.  In Colorado Revised Statutes, 37-41-113, amend (4) as follows:

37-41-113.  Board of directors - duties - contracts - rules. (4) (a)  NoA contract involving a consideration exceeding two hundred fiftyfour hundred thousand dollars andbut not exceeding foursix hundred fifty thousand dollars shall beis not binding unless suchthe contract has been authorized and ratified in writing by not less than one-third of the legal electors of saidthe district according to the number of votes cast at the last district election. nor shall any

(b)  A contract in excess of foursix hundred fifty thousand dollars beis not binding until suchthe contract has been authorized and ratified at an election in the manner provided for the issue of bonds.

SECTION 4.  In Colorado Revised Statutes, add 37-41-161 as follows:

37-41-161.  Dollar amounts adjusted for inflation - definition. (1)  Every five years, beginning on July 1, 2029, the dollar amounts set forth in sections 37-41-107 (5), 37-41-108, and 37-41-113 (4) increase by the rate of inflation, rounded to the nearest dollar.

(2)  As used in this section, unless the context otherwise requires, "inflation" means the annual percentage change in the United States department of labor's bureau of labor statistics consumer price index, or a successor index, for Denver-Aurora-Lakewood for all items paid for by urban consumers.

SECTION 5.  Act subject to petition - effective date - applicability. (1)  This act takes effect at 12:01 a.m. on the day following the expiration of the ninety-day period after final adjournment of the general assembly; except that, if a referendum petition is filed pursuant to section 1 (3) of article V of the state constitution against this act or an item, section, or part of this act within such period, then the act, item, section, or part will not take effect unless approved by the people at the general election to be held in November 2026 and, in such case, will take effect on the date of the official declaration of the vote thereon by the governor.

(2)  This act applies to events and circumstances occurring on or after the applicable effective date of this act.