HB 20-1381

  • 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 29, 2020

Cash Fund Transfers General Fund

Abstract

For the purpose of augmenting the revenue in the state general fund, the act requires the state treasurer to make specific transfers to the general fund. On June 30, 2020, the state treasurer is required to transfer the following amounts to the general fund: $3,176 from the employment verification fund, as it existed prior to its repeal in 2016; The unexpended and unencumbered balance from the fund state employee reserve fund; $7.9 million from the Fort Logan land sale account in the capital construction fund; $8,381,753 from the indirect costs excess recovery fund; $1,887,116 from the state supplemental security income stabilization fund; $1 million from the veterans assistance grant program cash fund; $167,463 from the Moffat tunnel cash fund; and $10 million from the multimodal transportation options fund. On July 1, 2020, the state treasurer is required to transfer: $45.5 million from the severance tax perpetual base fund to the general fund; and $43 million from the unclaimed property trust fund.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (3)

Votes


Actions


Jun 29, 2020

Office of the Governor

Governor Signed

Jun 22, 2020

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Office of the Governor

Sent to the Governor

Jun 09, 2020

House

House Considered Senate Amendments - Result was to Concur - Repass

Jun 06, 2020

Senate

Senate Third Reading Passed - No Amendments

Jun 05, 2020

Senate

Senate Second Reading Special Order - Passed with Amendments - Floor

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 - No Amendments

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 (06/29/2020) PDF
Final Act (06/22/2020) 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
Fiscal Note FN2 (09/24/2020) 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.