Colorado § 24-19-101 Legislative declaration

Colorado Statutes

§ 24-19-101 — Legislative declaration

Colorado § 24-19-101

Title 24Government

Art.Payment of Postemployment Compensation

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Bluebook

Colo. Rev. Stat. § 24-19-101 (2026).

Text

(1)The general assembly hereby finds and declares that:

(a)The payment of compensation to government-supported officials or employees after such officials or employees have ended their employment creates unnecessary costs, which ultimately are borne by the taxpayers of this state.

(b)In order to reduce government costs, it is necessary for the state to limit the payment of postemployment compensation to government-supported officials and employees.

(c)The continued payment of compensation to any official or employee after such official or employee has ended his or her service with a governmental unit or government-financed entity not only affects the finances of such governmental unit or government-financed entity, but also has a serious impact on the state as a whole becau

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(1) The general assembly hereby finds
and declares that:

(a) The payment of compensation to government-supported officials or
employees after such officials or employees have ended their employment creates
unnecessary costs, which ultimately are borne by the taxpayers of this state.

(b) In order to reduce government costs, it is necessary for the state to limit
the payment of postemployment compensation to government-supported officials
and employees.

(c) The continued payment of compensation to any official or employee after
such official or employee has ended his or her service with a governmental unit or
government-financed entity not only affects the finances of such governmental
unit or government-financed entity, but also has a serious impact on the state as a
whole because of the total effect of such compensation payment arrangements on
the ability of state and local governments to provide services using the scarce
resources that are available. Further, the general assembly finds and declares that
the provision of large payments to government-supported officials and employees
after their employment has ended has caused grave damage to the trust of the
citizens of this state in their state and local government officials. Because of these
concerns, the general assembly finds and declares that this is a matter of statewide
concern.