The secretary of state currently charges uniform commercial code (UCC) filing fees. Of this fee, $3 is transferred for deposit in the Colorado identity theft and financial fraud cash fund to support activities of the Colorado fraud investigators unit. Legislation enacted in 2014 increased the portion of the UCC filing fee that is transferred to the
Colorado identity theft and financial fraud cash fund from $3 to $4, which increase is scheduled to repeal in 2017. The bill extends the scheduled repeal date for the increased fee, and for an associated report to the general assembly, until 2018.
(Note: This summary applies to this bill as introduced.)