---
type: "Bill"
title: "Public Fund Investments"
description: "Legal investment of public funds - definitions. The act defines a nationally recognized statistical rating organization as a credit rating agency that is registered with the U.S. securities and exchange commission's office of credit ratings and defines a negotiable certificate of deposit as an unsecured noncollateralized obligation of a bank to pay the holder of a negotiable certificate of deposit specified principal, plus interest, upon a particular maturity."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2019A"
identifier: "HB 19-1179"
citation: "Colorado HB 19-1179 (2019A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Matt Gray", "Pete Lee"]
version_count: 10
action_count: 13
vote_count: 4
first_action: "2019-02-14T07:00:00+00:00"
last_action: "2019-05-23T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/6c06fe11-c938-4763-ab1f-93d86c0f4dcf"
source_url: "http://leg.colorado.gov/bills/hb19-1179"
source_hash: "96090d2518175d03e1a27a5aee68a52d5710b54402303272ce327a42c407d5cc"
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 19-1179 (2019A) — Public Fund Investments

Legal investment of public funds - definitions. The act defines a nationally recognized statistical rating organization as a credit rating agency that is registered with the U.S. securities and exchange commission's office of credit ratings and defines a negotiable certificate of deposit as an unsecured noncollateralized obligation of a bank to pay the holder of a negotiable certificate of deposit specified principal, plus interest, upon a particular maturity.

## 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_hb1179_s_fin_001.pdf)
2. **Engrossed (03/19/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_eng.pdf)
3. **Final Act (05/07/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_enr.pdf)
4. **Introduced (02/14/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_01.pdf)
5. **PA1 (03/15/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179fin_01.pdf)
6. **PA2 (04/17/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179sfin_01.pdf)
7. **Reengrossed (03/20/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_ren.pdf)
8. **Rerevised (04/19/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_rer.pdf)
9. **Revised (04/18/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_1179_rv2.pdf)
10. **Signed Act (05/23/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2019a_1179_signed.pdf)

## Votes

- REPASS — **63–1** (pass) · lower
- BILL — **64–1** (pass) · lower
- BILL — **35–0** (pass) · lower
- CONCUR — **58–6** (pass) · lower

## Sponsors

- Matt Gray — primary (person)
- Pete Lee — primary (person)

## Timeline

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

- **2019-05-23T06:00:00+00:00** Governor Signed `executive-signature`
- **2019-05-07T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2019-05-07T06:00:00+00:00** Signed by the President of the Senate
- **2019-05-06T06:00:00+00:00** Signed by the Speaker of the House
- **2019-04-22T06:00:00+00:00** House Considered Senate Amendments - Result was to Concur - Repass
- **2019-04-19T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2019-04-18T06:00:00+00:00** Senate Second Reading Passed with Amendments - Committee `reading-2`
- **2019-04-16T06:00:00+00:00** Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2019-03-26T06:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`
- **2019-03-20T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2019-03-19T06:00:00+00:00** House Second Reading Passed with Amendments - Committee `reading-2`
- **2019-03-14T06:00:00+00:00** House Committee on Finance Refer Amended to House Committee of the Whole `referral-committee, committee-passage`
- **2019-02-14T07:00:00+00:00** Introduced In House - Assigned to Finance `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6c06fe11-c938-4763-ab1f-93d86c0f4dcf`. Confidence: reported (aggregated from official Colorado legislature records).