Colorado § 29-1-503 Appointment of advisory committee - powers and duties

Colorado Statutes

§ 29-1-503 — Appointment of advisory committee - powers and duties

Colorado § 29-1-503

Title 29Government

Art.Budget and Services

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Bluebook

Colo. Rev. Stat. § 29-1-503 (2026).

Text

(1)The governor, with the advice and consent of the senate, shall appoint a six-member advisory committee on governmental accounting to assist the state auditor in formulating and prescribing a classification of accounts. The committee consists of the following members:

(a)One member who is a member of the Colorado society of certified public accountants; and

(b)Five members who are active in finance matters either as elected officials or finance officers employed by one of the following units of local government: Counties, cities and counties, cities and towns, school districts and local college districts, local improvement or special service districts, or other local entities having authority under the general laws of this state to levy taxes or impose assessments.

(2)Me

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(1) The
governor, with the advice and consent of the senate, shall appoint a six-member
advisory committee on governmental accounting to assist the state auditor in
formulating and prescribing a classification of accounts. The committee consists of
the following members:

(a) One member who is a member of the Colorado society of certified public
accountants; and

(b) Five members who are active in finance matters either as elected officials
or finance officers employed by one of the following units of local government:
Counties, cities and counties, cities and towns, school districts and local college
districts, local improvement or special service districts, or other local entities
having authority under the general laws of this state to levy taxes or impose
assessments.

(2) Members shall be appointed for terms of four years; except that the
terms shall be staggered so that no more than two members' terms expire in the
same year.

(3) The state auditor and the controller shall be ex officio nonvoting
members of the advisory committee on governmental accounting; except that the
state auditor shall act as chairman of the committee and shall cast a vote only in
the case of a tie.

(4) Any decision shall be adopted only upon the majority vote of the
members present.

(5) (Deleted by amendment, L. 93, p. 674, � 10, effective May 1, 1993.)

Legislative History

Source: L. 65: p. 857, � 3. C.R.S. 1963: � 88-5-3. L. 86: (5) added, p. 423, � 51, effective March 26. L. 87: (2) amended, p. 912, � 24, effective June 15. L. 93: (5) amended, p. 674, � 10, effective May 1. L. 2017: (1) amended, (SB 17-294), ch. 264, p. 1412, � 101, effective May 25. L. 2022: (1) and (2) amended, (SB 22-013), ch. 2, p. 72, � 95, effective February 25; (1)(b) amended, (SB 22-212), ch. 421, p. 2981, � 69, effective August 10.