Colorado · 2025 Regular Session · Bill
SB 25-023: Local Government Audit Exemption Thresholds
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 25-023 is a bill introduced in the Colorado Senate on January 8, 2025. According to its official title, it concerns: Local Government Audit Exemption Thresholds. Primary sponsor: William Lindstedt (Democratic), Dafna Michaelson Jenet, Rod Pelton (Republican). It lists 7 additional sponsors. Most recent recorded action (April 7, 2025): Governor Signed.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.)
Sponsors
Sponsors by party (alphabetical): Democratic 5 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| William Lindstedt | Primary sponsor | Democratic | Senate | 25 |
| Dafna Michaelson Jenet | Primary sponsor | Not applicable (committee) | — | — |
| Rod Pelton | Primary sponsor | Republican | Senate | 35 |
| S. Bird | Co-sponsor | Not applicable (committee) | — | — |
| Andy Boesenecker | Co-sponsor | Democratic | House | 53 |
| Lisa Frizell | Co-sponsor | Republican | Senate | 2 |
| Julie Gonzales | Co-sponsor | Democratic | Senate | 34 |
| Julie McCluskie | Co-sponsor | Democratic | House | 13 |
| Byron Pelton | Co-sponsor | Republican | Senate | 1 |
| Robert Rodriguez | Co-sponsor | Democratic | Senate | 32 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Governor Signed
- Signed by the President of the Senate
- Signed by the Speaker of the House
- Sent to the Governor
- House Third Reading Passed - No Amendments
- House Third Reading Laid Over Daily - No Amendments
- House Second Reading Special Order - Passed - No Amendments
- House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the Whole
- Introduced In House - Assigned to Transportation, Housing & Local Government
- Senate Third Reading Passed - No Amendments
- Senate Second Reading Passed - No Amendments
- Senate Committee on Local Government & Housing Refer Unamended - Consent Calendar to Senate Committee of the Whole
Showing 12 most recent of 13 actions. Full history