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Committee advances PERA transparency bill after stakeholders and PERA express support
Summary
Senate Bill 147, a bipartisan measure to add transparency requirements to PERA board activities and to require online posting of specified meeting materials and financial information, advanced from the House Finance Committee to Appropriations on a unanimous vote, 13-0.
The House Finance Committee voted unanimously, 13-0, to send Senate Bill 147 to the Appropriations Committee with a favorable recommendation. The bill would subject the Colorado Public Employees’ Retirement Association (PERA) — for certain purposes — to public‑meeting posting and disclosure requirements similar to other local public bodies and would require specified financial and meeting materials to be posted online.
Sponsors and supporters described the bill as a governance and transparency measure that codifies processes PERA already uses in many cases, clarifies when the PERA board must post meeting materials, and establishes term limits for board members. Representative Lukens, a sponsor, said stakeholders including PERA, the Colorado Association of School…
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