The proposed legislation, Senate Bill 25-036, introduces an exception to the current bonding requirements for members of the Colorado State Patrol. Under existing law, state patrol officers are required to be bonded by a surety company or insured with third-party crime insurance. This bill provides an alternative:
Self-Insurance Provision:
If the Colorado State Patrol is self-insured through the Colorado State Office of Risk Management and is eligible for compensation from the state self-insured property fund, individual officers are exempt from the bonding or third-party insurance requirement.
This adjustment aims to streamline administrative processes and reduce redundancy, recognizing the state's capacity to effectively self-insure its law enforcement personnel.
Legislative Progress:
January 8, 2025: Bill introduced in the Senate and assigned to the Business, Labor, & Technology Committee.
February 11, 2025: Committee referred the bill unamended to the Committee of the Whole, recommending placement on the consent calendar.
February 14, 2025: Senate Second Reading passed without amendments.
Summary
Currently, a member of the Colorado state patrol must be bonded
by a surety company or must be insured with third-party crime insurance. The bill creates an exception to the bonding or third-party insurance requirement if the Colorado state patrol is self-insured with the Colorado state office of risk management and is eligible to be compensated from the state self-insured property fund.
