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SB 25-106

Department of Regulatory Agencies Supplemental

2025 Regular Session Introduced by Judy Amabile and 7 co-sponsors

Senate Bill 25-106 allocates over $85 million to the Colorado Department of Regulatory Agencies, ensuring essential services and consumer protections for residents.

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Bill Summary · SB 25-106

Summary of Senate Bill 25-106: Department of Regulatory Agencies Supplemental

Overview

Bill Number: SB 25-106
Title: Department of Regulatory Agencies Supplemental
Status: Signed by the Governor on February 27, 2025
Introduced: February 3, 2025
Classification: Bill

Senate Bill 25-106 is a supplemental appropriation bill aimed at providing additional funding to the Colorado Department of Regulatory Agencies (DORA) for the fiscal year beginning July 1, 2024. The bill outlines specific allocations for various divisions within DORA to ensure continued operations and services.

Purpose and Intent

The primary intent of SB 25-106 is to authorize supplemental appropriations to DORA, allowing the department to meet its operational needs and fulfill its regulatory responsibilities effectively. This funding is essential for maintaining services across various divisions, including banking, civil rights, and insurance.

Key Provisions

The bill includes detailed appropriations across several divisions within DORA, with the following highlights:

1. Executive Director's Office and Administrative Services

  • Total Appropriation: $56,078,905
  • Key Allocations:
    • Personal Services: $3,378,434
    • Health, Life, and Dental: $7,859,251
    • Operating Expenses: $260,082
    • Legal Services: $17,177,020

2. Division of Banking

  • Total Appropriation: $6,028,567
  • Key Allocations:
    • Personal Services: $4,879,048
    • Operating Expenses: $628,233

3. Civil Rights Division

  • Total Appropriation: $3,796,961
  • Key Allocations:
    • Personal Services: $3,497,265
    • Operating Expenses: $187,612

4. Office of the Utility Consumer Advocate

  • Total Appropriation: $1,890,127
  • Key Allocations:
    • Personal Services: $1,672,482
    • Operating Expenses: $61,389

5. Division of Financial Services

  • Total Appropriation: $1,941,350
  • Key Allocations:
    • Personal Services: $1,621,275
    • Operating Expenses: $145,961

6. Division of Insurance

  • Total Appropriation: $15,300,559
  • Key Allocations:
    • Personal Services: $12,003,727
    • Operating Expenses: $346,165

Impact

The supplemental appropriations will enable DORA to continue its critical functions, including consumer protection, regulatory oversight, and enforcement of laws across various sectors. The funding will support personnel costs, operational expenses, and necessary legal services, ensuring that the department can effectively serve Colorado residents and businesses.

Procedural Timeline

  • February 3, 2025: Introduced in the Senate and assigned to Appropriations.
  • February 6, 2025: Passed the Senate with no amendments.
  • February 11, 2025: Passed the House Committee on Appropriations and referred to the Committee of the Whole.
  • February 13, 2025: Passed the House with no amendments.
  • February 21, 2025: Signed by the Speaker of the House and the President of the Senate.
  • February 21, 2025: Sent to the Governor.
  • February 27, 2025: Signed into law by the Governor.

This bill reflects the ongoing commitment of the Colorado General Assembly to ensure that regulatory agencies are adequately funded to meet their responsibilities and serve the public effectively.

Compiled from official sources — confirm details with the bill’s official record.

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