HB 21-1131

  • Colorado House Bill
  • 2021 Regular Session
  • Introduced in House Mar 19, 2021
  • Passed House Mar 17, 2021
  • Passed Senate Apr 12, 2021
  • Signed by Governor Apr 29, 2021

Cooperative Electric Associations Governance Requirements


The act:Makes current laws concerning governance and transparency for cooperative electric associations (associations) applicable to nonprofit generation and transmission cooperative electric associations that provide wholesale electric service directly to Colorado cooperative electric associations that are its members; Eliminates an exemption to those requirements for associations with fewer than 25,000 members; Allows an association to authorize, in its bylaws, its members and directors to participate in meetings electronically; Allows an association to authorize, in its bylaws, members to vote in an election through a secure and verifiable electronic voting system; Clarifies that members voting or participating in a meeting electronically are considered present in person for the purpose of establishing quorum; Defines joint memberships and clarifies how joint memberships can vote; Amends the deadlines and requirements for notice of an election; Requires an association to adopt written policies concerning the compensation of board members and disclosures of conflicts of interest for board members; Requires board members to fulfill their duty of loyalty to the cooperative association at all times; except that, if a director serves on the board of both a generation and transmission association and a distribution association, the director owes fiduciary duties to both associations and shall not be required to give priority to the duties the director owes to one association over the duties the director owes to the other association; and Requires associations to post on their websites information about their rates and net metering requirements and to make financial audits available to members on request.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)


Apr 12, 2021

Mar 17, 2021


Apr 29, 2021

Office of the Governor

Governor Signed

Apr 21, 2021

Office of the Governor

Sent to the Governor

Apr 20, 2021


Signed by the President of the Senate


Signed by the Speaker of the House

Apr 12, 2021


Senate Third Reading Passed - No Amendments

Apr 09, 2021


Senate Second Reading Passed - No Amendments

Apr 06, 2021


Senate Committee on Transportation & Energy Refer Unamended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Transportation & Energy Senate Committee of the Whole

Mar 19, 2021


Introduced In Senate - Assigned to Transportation & Energy

  • Introduction
Transportation & Energy

Mar 17, 2021


House Third Reading Passed - No Amendments

Mar 16, 2021


House Second Reading Passed with Amendments - Committee

Mar 10, 2021


House Committee on Energy & Environment Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole

Feb 24, 2021


Introduced In House - Assigned to Energy & Environment

  • Introduction
Energy & Environment

Bill Text

Bill Text Versions Format
Signed Act (04/29/2021) PDF
Final Act (04/20/2021) PDF
Rerevised (04/12/2021) PDF
Revised (04/09/2021) PDF
Reengrossed (03/17/2021) PDF
Engrossed (03/16/2021) PDF
Introduced (02/24/2021) PDF
PA1 (03/11/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (03/04/2021) PDF
Fiscal Note FN2 (07/22/2021) PDF


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