The Colorado House and Senate have passed legislation creating a process for implementing a health benefits exchange. SB 11-200 authorizes the establishment of a quasi-public entity under a board of directors with five voting members to be appointed by the Governor, four voting members to be appointed by the legislature, and three non-voting ex officio representatives of key state agencies such as the Executive Director of the Department of Health Care Policy and Financing (DHCPF). Initial duties of the board will include electing a chairman, establishing technical and advisory groups, developing operational and financing plans, seeking planning grants, examining organizational options such as whether individual and small business health insurance purchasing processes should be separated or consolidated, and examining internet portal design options. The board is required to produce a series of interim reports to the Governor and the legislature no later than January 15 each year. Governor John Hickenlooper has indicated that he intends to sign the legislation soon.