BY SENATOR(S) Michaelson Jenet and Pelton R., Hinrichsen, Jodeh, Weissman, Winter F., Coleman;
also REPRESENTATIVE(S) Lindstedt, Bird.
Concerning the definition of operating costs for calculating cost efficiency metrics for the regional transportation district.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. In Colorado Revised Statutes, 32-9-119.7, amend (2) as follows:
32-9-119.7. Cost efficiency of transit services - reporting - plans - definition. (2) For the purposes of this section, "operating costs" means all operating expenditures, includingexcluding depreciation. except for those incurred in long-term planning and development of mass transportation and rapid transit infrastructures and those costs incurred as a result of providing transportation service mandated by the federal "Americans with Disabilities Act of 1990", 42 U.S.C. sec. 12101 through 12213.
SECTION 2. Act subject to petition - effective date. 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.
Signed By: James Rashad Coleman, Sr., President of the Senate
Signed By: Julie McCluskie, Speaker of the House of Representatives
Signed By: Esther van Mourik, Secretary of the Senate
Signed By: Vanessa Reilly, Chief Clerk of the House of Representatives
Signed By: Jared S. Polis, Governor of the State of Colorado