---
type: "Bill"
title: "Life Care Institutions Post Surety Bond As Reserve"
description: "Life care institutions - reserve requirement - surety bond option. Current law requires life care institutions to maintain reserves through 1 or more of several options that all require liquidity. The act allows a surety bond as a type of allowable reserve.(Note: This summary applies to this bill as enacted.)"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2019A"
identifier: "HB 19-1043"
citation: "Colorado HB 19-1043 (2019A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jessie Danielson", "Rochelle Galindo"]
version_count: 8
action_count: 14
vote_count: 2
first_action: "2019-01-04T07:00:00+00:00"
last_action: "2019-03-28T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/2e3cbf41-029e-414a-a69a-b8a092c22d4b"
source_url: "http://leg.colorado.gov/bills/hb19-1043"
source_hash: "fd7d9df9b3cc68c61ab4c5a0ac77eaa369c4796ff1f8f92557ec65d1129f5d2f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 19-1043 (2019A) — Life Care Institutions Post Surety Bond As Reserve

Life care institutions - reserve requirement - surety bond option. Current law requires life care institutions to maintain reserves through 1 or more of several options that all require liquidity. The act allows a surety bond as a type of allowable reserve.(Note: This summary applies to this bill as enacted.)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2019a_hb1043_s_blt_001.pdf)
2. **Engrossed (01/29/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_en2.pdf)
3. **Final Act (03/19/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_enr.pdf)
4. **Introduced (01/04/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_01.pdf)
5. **Reengrossed (01/31/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_ren.pdf)
6. **Rerevised (03/15/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_rer.pdf)
7. **Revised (03/14/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1043_rev.pdf)
8. **Signed Act (03/28/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2019a_1043_signed.pdf)

## Votes

- BILL — **35–0** (pass) · upper
- BILL — **60–1** (pass) · upper

## Sponsors

- Jessie Danielson — primary (person)
- Rochelle Galindo — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-03-28T06:00:00+00:00** Governor Signed `executive-signature`
- **2019-03-20T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2019-03-19T06:00:00+00:00** Signed by the Speaker of the House
- **2019-03-19T06:00:00+00:00** Signed by the President of the Senate
- **2019-03-15T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2019-03-14T06:00:00+00:00** Senate Second Reading Passed - No Amendments `reading-2`
- **2019-03-11T06:00:00+00:00** Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2019-02-04T07:00:00+00:00** Introduced In Senate - Assigned to Business, Labor, & Technology `introduction`
- **2019-01-31T07:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2019-01-30T07:00:00+00:00** House Third Reading Laid Over Daily - No Amendments
- **2019-01-29T07:00:00+00:00** House Second Reading Passed - No Amendments `reading-2`
- **2019-01-28T07:00:00+00:00** House Second Reading Laid Over Daily - No Amendments
- **2019-01-23T07:00:00+00:00** House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole `referral-committee, committee-passage`
- **2019-01-04T07:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2e3cbf41-029e-414a-a69a-b8a092c22d4b`. Confidence: reported (aggregated from official Colorado legislature records).