SB 21-230

  • Colorado Senate Bill
  • 2021 Regular Session
  • Introduced in Senate May 05, 2021
  • Passed Senate May 05, 2021
  • Passed House Jun 01, 2021
  • Signed by Governor Jun 14, 2021

Transfer To Colorado Energy Office Energy Fund

Abstract

The act directs the state treasurer to make an immediate, one-time transfer of $40 million from the general fund to the energy fund administered by the Colorado energy office (CEO). The CEO may use the money for its ongoing programs plus the following enumerated purposes:Making grants to the Colorado Clean Energy Fund and the Colorado new energy improvement district totaling up to $30 million and $3 million, respectively; Increasing the amounts available through residential energy upgrade loans by up to $2 million; and Providing up to $5 million in additional funding to the charge ahead Colorado program administered by the CEO. The act requires the CEO to devote at least 75% of the transferred money to the specified purposes by July 1, 2022, and at least 85% by July 1, 2023, and to periodically report on its expenditures to the office of state planning and budgeting and the general assembly. Although money in the energy fund is continuously appropriated to the CEO, the money transferred by the act is scheduled to revert to the general fund on June 30, 2025, if not used, expended, or obligated by then.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


Actions


Jun 14, 2021

Office of the Governor

Governor Signed

Jun 11, 2021

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 02, 2021

Senate

Senate Considered House Amendments - Result was to Concur - Repass

Jun 01, 2021

House

House Third Reading Passed - No Amendments

May 28, 2021

House

House Second Reading Special Order - Passed with Amendments - Committee

House

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

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

May 20, 2021

House

House Committee on Energy & Environment Refer Amended to Appropriations

  • Referral-Committee
Appropriations

May 05, 2021

House

Introduced In House - Assigned to Energy & Environment

  • Introduction
Energy & Environment

Senate

Senate Third Reading Passed - No Amendments

May 04, 2021

Senate

Senate Second Reading Passed with Amendments - Committee, Floor

Apr 30, 2021

Senate

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

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

Apr 13, 2021

Senate

Senate Committee on Transportation & Energy Refer Unamended to Appropriations

  • Referral-Committee
Appropriations Transportation & Energy

Mar 31, 2021

Senate

Introduced In Senate - Assigned to Transportation & Energy

  • Introduction
Transportation & Energy

Bill Text

Bill Text Versions Format
Signed Act (06/14/2021) PDF
Final Act (06/11/2021) PDF
Rerevised (06/01/2021) PDF
Revised (05/28/2021) PDF
Reengrossed (05/05/2021) PDF
Engrossed (05/04/2021) PDF
Introduced (03/31/2021) PDF
PA2 (05/21/2021) PDF
PA1 (04/30/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (05/27/2021) PDF
Fiscal Note FN1 (04/12/2021) PDF
Fiscal Note FN2 (05/07/2021) PDF
Fiscal Note FN3 (08/25/2021) 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.