HB 20-1377

  • Colorado House Bill
  • 2020 Regular Session
  • Introduced in House Jun 03, 2020
  • Passed House Jun 03, 2020
  • Passed Senate Jun 06, 2020
  • Signed by Governor Jun 30, 2020

Fund Controlled Maintenance Projects

Abstract

Under current law, enacted by Senate Bill 17-267, the state executed the second of 4 tranches of lease-purchase agreements of up to $500 million in principal value each before the end of state fiscal year 2019-20 for the sole purpose of funding transportation projects. Due to a favorable interest rate environment, the state actually received more than $600 million of proceeds from the execution of this second tranche of lease-purchase agreements. The act requires the first $49 million of proceeds received in excess of $500 million to be credited to the capital construction fund and appropriated for controlled maintenance projects, including controlled maintenance projects that are capital renewal projects, instead of transportation projects. (Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


Jun 06, 2020

Jun 03, 2020

Actions


Jun 30, 2020

Office of the Governor

Governor Signed

Jun 29, 2020

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Jun 06, 2020

Senate

Senate Third Reading Passed - No Amendments

Jun 05, 2020

Senate

Senate Second Reading Special Order - Passed - No Amendments

Jun 04, 2020

Senate

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

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

Jun 03, 2020

Senate

Introduced In Senate - Assigned to Appropriations

  • Introduction
Appropriations

House

House Third Reading Passed - No Amendments

Jun 02, 2020

House

House Third Reading Laid Over Daily - No Amendments

Jun 01, 2020

House

House Second Reading Passed with Amendments - Floor

May 29, 2020

House

House Second Reading Laid Over to 06/01/2020 - No Amendments

May 27, 2020

House

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

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

May 26, 2020

House

Introduced In House - Assigned to Appropriations

  • Introduction
Appropriations

Bill Text

Bill Text Versions Format
Signed Act (06/30/2020) PDF
Final Act (06/29/2020) PDF
Rerevised (06/06/2020) PDF
Revised (06/05/2020) PDF
Reengrossed (06/03/2020) PDF
Engrossed (06/01/2020) PDF
Introduced (05/26/2020) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (05/26/2020) 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.