The Colorado General Assembly has considered and made changes to the state budget process during the past three years. Specifically, House Bill 10-1119 established a performance-based budgeting program through the State Measurement for Accountable, Responsive, and Transparent (SMART) Government Act. The bill set forth new requirements for budgeting by state departments and implemented a new role in state budgeting for legislative committees of reference. In 2013, House Bill 13-1299 repealed and reenacted the original provisions of the act in order to update the process. This issue brief provides an overview of the requirements and responsibilities in the new act, specifically addressing those pertaining to state departments, legislative committees, and the Office of the State Auditor.