SB 17-262

  • Colorado Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Mar 31, 2017
  • Senate
  • House
  • Signed by Governor Apr 28, 2017

HUTF And Capital Construction Fund Transfers

Abstract

Joint Budget Committee. For the current state fiscal year and for the next 3 state fiscal years, the state treasurer is required to transfer money from the general fund to the capital construction fund and the highway users tax fund (Senate Bill 228 transfers). For the current fiscal year, the Senate Bill 228 transfers are fixed amounts and for the remaining years, they are a percentage of the total general fund revenues, that may be reduced or eliminated if the state has to refund excess state revenues in accordance with the taxpayer's bill of rights. The bill reduces the transfer to the highway users tax fund to be made for the current fiscal year on June 30, 2017, from $158 million to $79 million. The future conditional transfers to the highway users tax fund are replaced with the following fixed transfers: $79 million on June 30, 2018; $160 million on June 30, 2019; and $160 million on June 30, 2020. The future conditional transfers to the capital construction fund are replaced with the following fixed transfers: No transfer for the fiscal year 2017-18; $60 million on June 30, 2019; and $60 million on June 30, 2020. The bill also repeals provisions that relate to the conditional transfers. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill Sponsors (2)

Votes


Actions


Apr 28, 2017

Office of the Governor

Governor Signed

Apr 27, 2017

Office of the Governor

Sent to the Governor

Colorado General Assembly

Signed by the Speaker of the House

Apr 26, 2017

Colorado General Assembly

Signed by the President of the Senate

Apr 25, 2017

Colorado General Assembly

House Third Reading Passed - No Amendments

Apr 24, 2017

Colorado General Assembly

House Third Reading Laid Over Daily - No Amendments

Apr 21, 2017

Colorado General Assembly

House Third Reading Laid Over to 04/24/2017 - No Amendments

Apr 20, 2017

Colorado General Assembly

House Second Reading Special Order - Passed - No Amendments

Apr 17, 2017

Colorado General Assembly

House Second Reading Laid Over to 04/18/2017 - No Amendments

Apr 07, 2017

Colorado General Assembly

House Second Reading Laid Over to 04/12/2017 - No Amendments

Apr 06, 2017

Colorado General Assembly

House Second Reading Laid Over Daily - No Amendments

Apr 04, 2017

Colorado General Assembly

House Committee on Appropriations Refer Unamended to House Committee of the Whole

  • Referral-Committee
  • Committee-Passage
House Committee of the Whole Appropriations

Mar 31, 2017

Colorado General Assembly

Introduced In House - Assigned to Appropriations

  • Introduction
Appropriations

Mar 30, 2017

Colorado General Assembly

Senate Third Reading Passed - No Amendments

Mar 29, 2017

Colorado General Assembly

Senate Second Reading Special Order - Passed - No Amendments

Mar 28, 2017

Colorado General Assembly

Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Appropriations

Mar 27, 2017

Colorado General Assembly

Introduced In Senate - Assigned to Appropriations

  • Introduction
Appropriations

Bill Text

Bill Text Versions Format
Committee Amendment PDF
Introduced (03/27/2017) PDF
Engrossed (03/29/2017) PDF
Reengrossed (03/30/2017) PDF
Revised (04/20/2017) PDF
Rerevised (04/25/2017) PDF
Final Act (04/27/2017) PDF
Signed Act (04/28/2017) PDF

Related Documents

Document Format
Fiscal Note SA1 (03/28/2017) PDF
Fiscal Note SA2 (04/04/2017) PDF
Fiscal Note FN1 (03/27/2017) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.