Colorado § 24-22-107 - Duties and powers of state treasurer.

§ 24-22-107. Duties and powers of state treasurer.

(1) The state treasurer shall prepare and submit to the governor a quarterly report showing the condition of the state treasury, the amount of state moneys on hand and on deposit, the amount of securities held in custody, a list of the funds and accounts carried on the records of the treasury department, and such other information as he may deem appropriate.

(2) He shall furnish information in writing to the governor or either house of the general assembly, whenever requested, upon any subject pertaining to the treasury department or touching upon any duty of his office.

(3) Repealed.

(4) He may issue publications circulated in quantity outside the executive branch of state government in accordance with the provisions of section 24-1-136.

(5) He shall perform any other duty which may be required by law.

(6) The state treasurer shall be the state's cash management officer responsible for the efficient management of all state cash and shall perform the duties necessary to carry out such function, in consultation with the governor.

(6.5) The state treasurer may provide technical assistance to any state or local governmental entity, upon the request of such entity, concerning the efficient management of the entity's public funds. Such technical assistance may include, but is not limited to, providing advice or recommendations relative to cash management, investments, and banking services. The treasurer shall not be liable to any state or local governmental entity for any loss of public funds resulting from the technical assistance provided to such entity by the treasurer if the treasurer, in the good faith performance of the treasurer's duties as a public official, has complied with the standards established in part 6 of article 75 of this title for the investment of public funds in securities. A state or local governmental entity may reimburse the treasurer for any reasonable travel expenses incurred by the treasurer in providing technical assistance pursuant to this subsection (6.5) to such state or local governmental entity.

(7) The state treasurer shall have such other powers, duties, and functions as are prescribed for heads of principal departments in the "Administrative Organization Act of 1968", article 1 of this title.

Source: L. 71: R&RE, p. 1237, § 1. C.R.S. 1963: § 132-3-7. L. 83: (3) and (4) amended, p. 834, § 40, effective July 1. L. 90: (6) added, p. 1183, § 1, effective May 23. L. 94: (7) added, p. 565, § 10, effective April 6. L. 99: (3) repealed, p. 687, § 6, effective August 4. L. 2000: (6.5) added, p. 897, § 1, effective August 2.

Cross references: For the duty of the state treasurer as custodian of the unemployment compensation fund, see § 8-77-101; for the duty to invest the moneys in the risk management fund, see § 24-30-1511; for the duty to report on the amount of money in the lottery fund and to invest such fund, see § 44-40-111 (4) and (6); for the duty to invest state moneys, see § 24-75-208; for duties under the "Funds Management Act of 1986", see part 9 of article 75 of this title; for the duty to report on the amount of money in the state highway supplementary fund, see § 43-1-219.

ANNOTATION

Neither this section nor any other constitutional or statutory provision addresses the authority of the state treasurer to distribute information advocating support of or opposition to a pending ballot measure — even if the measure concerns fiscal matters. The Fair Campaign Practices Act is the controlling law with respect to that authority. Coffman v. Colo. Common Cause, 102 P.3d 999 (Colo. 2004).