The Independent Ethics Commission released Position Statement 11-01 on Friday, April 8, 2011. In this statement, the Commission adjusted the limit on gifts to public officials and employees in the state of Colorado to $53 per calendar year, up from $50.

Pursuant to Article XXIX section 3(6), which was part of the 2006 voter-approved Amendment 41, the limit is to be adjusted based upon inflation every four years. This is the first such adjustment required.

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