The Joint Budget Committee completed figure-setting for the Department of Regulatory Agencies, approving multiple staff recommendations, accepting base reductions, and continuing targeted requests for information.
What was approved: Michelle Curry (JBC staff) presented a DORA package that included an R1 base reduction across the Division of Insurance and the Colorado Civil Rights Division amounting to $401,502 (including $56,502 general fund). The committee approved that base reduction and multiple line-item details across the department
ivisions (executive director's office, division of banking, civil rights, utility consumer advocate, financial services, division of insurance, division of real estate, professions and occupations, securities, and conservation). Several line-item votes passed without objection.
Leased-space refinance: Curry and Director Greg Harper described an executive director
ccounting change that captures savings from a renegotiated lease because hybrid work reduced space needs; staff recommended a $1.7 million total reduction (cutting part of the departmentuffer request). The committee also approved a staff-initiated one-time refinance of general fund in the EDO; members were warned that a future fiscal-year realignment might show a temporary apparent increase in general fund.
Footnotes and RFIs: Staff recommended discontinuing a CNA-exam RFI because issues appear resolved, and continuing two other RFIs: one on PDAB spending and another on sunrise/sunset processes. The committee adopted the staff recommendation to continue selected RFIs and the long bill footnotes (vote 6 to 0 on the package, with one later dissent recorded on a separate footnote rollforward issue).
Votes of note: The Division of Insurance line-item detail passed 5 to 1 with Senator Kirk Meyer recording the lone objection; other division votes recorded multiple unanimous approvals.
Next steps: Staff will incorporate committee decisions into the long bill database and follow up on RFIs and director briefings requested by members.