Bill > SB262

This bill aims to increase transparency for special districts, particularly metropolitan districts, in Colorado. Key provisions include: - Requiring metropolitan districts organized after 2000 to provide public notice of calls for board nominations by email, and allowing other districts to provide notice through various means like mailers or website postings. - Mandating that metropolitan districts established after 2022, or by 2023 for those formed after 2000, create and maintain an official website with information like board member details, budgets, audits, meeting schedules, and election results. - Modifying reporting requirements for special districts, including the deadline and content of annual reports filed with local governments and the state. - Restricting the use of eminent domain by metropolitan districts outside their service plan area without approval from the local government. - Requiring sellers of newly constructed homes within a metropolitan district to disclose estimated future property taxes, the district's debt, and other financial information to prospective buyers. The overall goal is to enhance public access to information about the operations and finances of special districts, especially those with the ability to levy taxes and issue debt.

Government Affairs, Transportation and Infrastructure

https://leg.colorado.gov/bills/sb21-262