The "Identity Theft and Financial Deterrence Act" was set to repeal September 1, 2025. The act implements the department of regulatory agencies' recommendations to:
Continue the "Identity Theft and Financial Fraud Deterrence Act" until September 1, 2036;
Repeal the identity theft and financial fraud board; and
Repeal the current cash fund funding structure; allow appropriation of money from the general fund to the department of public safety (department); and allow the department to accept gifts, grants, and donations to staff the Colorado investigators unit.
For the 2025-26 state fiscal year, the act appropriates $653,345 from the identity theft and financial fraud fund to the department for use by the Colorado bureau of investigation and decreases appropriations made to the department for use by the Colorado bureau of investigation from the identity theft and financial fraud fund by $653,345. Money appropriated to the department to staff the Colorado investigators unit is subject to available appropriations.
(Note: This summary applies to this bill as enacted.)

Statutes affected:
Signed Act (06/02/2025): 24-34-104