Amendments for SB22-040

Senate Journal, May 2
After consideration on the merits, the Committee recommends that SB22-040 be amended
as follows, and as so amended, be referred to the Committee of the Whole with favorable
recommendation.
Amend printed bill, page 7, before line 14 insert:

"SECTION 4. Appropriation. (1) For the 2022-23 state fiscal year,
$278,219 is appropriated to the department of regulatory agencies for use by the
division of insurance. This appropriation is from the division of insurance cash
fund created in section 10-1-103 (3), C.R.S. To implement this act, the division
may use this appropriation as follows:
(a) $176,219 for personal services, which amount is based on an
assumption that the division will require an additional 0.3 FTE; and
(b) $102,000 for operating expenses.".

Renumber succeeding section accordingly.

Page 1, line 103, strike "PLANS." and substitute "PLANS, AND, IN CONNECTION
THEREWITH, MAKING AN APPROPRIATION.".



Senate Journal, May 2
SB22-040 by Senator(s) Smallwood; also Representative(s) Will and Lontine--Concerning actuarial
reviews of proposed legislation that may impose a new health benefit mandate on health
benefit plans, and, in connection therewith, making an appropriation.

Amendment No. 1, Finance Committee Amendment.
(Printed in Senate Journal, February 24, page(s) 259-261 and placed in members' bill
files.)

Amendment No. 2(L.019), by Senator Winter.

Amend the Finance Committee Report, dated February 23, 2022, page 1, line
7, after "confidentiality -" insert "limits on expenditures -".

Page 4, after line 17 insert:
"(9) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION TO
THE CONTRARY, THE DIVISION SHALL NOT ENGAGE ANY CONTRACTOR TO
PERFORM AN ACTUARIAL REVIEW AS DESCRIBED IN THIS SECTION UNLESS THE
DIVISION DETERMINES THAT THERE ARE ADEQUATE RESOURCES AVAILABLE
WITHIN EXISTING APPROPRIATIONS TO COMPENSATE THE CONTRACTOR FOR THE
ACTUARIAL REVIEW.
(10) THE DIVISION MAY SEEK, ACCEPT, AND EXPEND GIFTS, GRANTS,
AND DONATIONS FOR THE PURPOSES OF THIS SECTION.".

Renumber succeeding subsection accordingly.

Page 4, after line 34 insert:

"SECTION 3. Appropriation. (1) For the 2022-23 state fiscal year,
$100,000 is appropriated to the department of regulatory agencies for use by the
division of insurance. This appropriation is from the division of insurance cash
fund created in section 10-1-103 (3), C.R.S. To implement this act, the division
may use this appropriation as follows:
(a) $50,000 for personal services, which amount is based on an
assumption that the division will require an additional 0.3 FTE; and
(b) $50,000 for operating expenses.".

Renumber succeeding section accordingly.

Page 4, after line 43 insert:

"Page 1 of the printed bill, line 103, strike "PLANS." and substitute "PLANS,
AND, IN CONNECTION THEREWITH, MAKING AN APPROPRIATION.".".


Amendment No. 3(L.013), by Senator Smallwood.

Amend the Senate Finance Committee Report, dated February 23, 2022, page
1, line 16, strike "FIRM." and substitute "FIRM WITH EXPERIENCE IN ANALYZING
HEALTH INSURANCE PREMIUMS.".

As amended, ordered engrossed and placed on the calendar for third reading and final
passage.