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A conference committee is actually two 3 - member committees, one from each house, meeting together to attempt to work out language acceptable to the Senate and House on some measure upon which agreement could not be reached through committee or floor amendments.
A majority of the members of the committee must agree before the conference committee report may be submitted to the Senate and House; moreover, neither body is obligated to accept the report, but usually they find common ground; particularly, when the alternative could be the failure of the bill.
Signed by the Governor and becomes Colorado Law.
If the Governor Fails to sign a bill within 10 days upon receiving a bill while the General Assembly is in session or within 30 days if the General Assembly is adjourned, the bill become Colorado Law.
If Vetoed, the Governor sends a veto message to the General Assembly and if the General Assembly decides to override the Governor's veto, it must have two-thirds votes of all Members from both the House and Senate.