SB 23-056

  • Colorado Senate Bill
  • 2023 Regular Session
  • Introduced in Senate Apr 19, 2023
  • Passed Senate Apr 19, 2023
  • Passed House Apr 29, 2023
  • Signed by Governor Jun 02, 2023

Compensatory Direct Distribution To PERA

Abstract

To recompense the public employees' retirement association (PERA) for the cancellation of a previously scheduled July 1, 2020, direct distribution of $225 million, House Bill 22-1029, concerning a requirement that the state make an additional direct distribution to the public employees' retirement association to fully recompense the association for the cancellation of a previously scheduled July 1, 2020, direct distribution, required an additional direct distribution to PERA. However, the additional direct distribution did not fully recompense PERA for the cancellation of the previously scheduled direct distribution. To fully recompense PERA, the act requires the state treasurer to issue a warrant to PERA that consists of the balance of the PERA payment cash fund plus $10 million paid from the general fund. The PERA payment cash fund is repealed, effective July 1, 2023. APPROVED by Governor June 2, 2023 EFFECTIVE June 2, 2023 (Note: This summary applies to this bill as enacted.)

Bill Sponsors (3)

Votes


Apr 29, 2023

Apr 19, 2023

Actions


Jun 02, 2023

Office of the Governor

Governor Signed

May 04, 2023

House

Signed by the Speaker of the House

Office of the Governor

Sent to the Governor

May 03, 2023

Senate

Signed by the President of the Senate

Apr 29, 2023

House

House Third Reading Passed - No Amendments

Apr 27, 2023

House

House Third Reading Laid Over Daily - No Amendments

Apr 26, 2023

House

House Second Reading Special Order - Passed - No Amendments

House

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

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

Apr 24, 2023

House

House Committee on Finance Refer Unamended to Appropriations

  • Referral-Committee
Appropriations Finance

Apr 19, 2023

Senate

Senate Third Reading Passed - No Amendments

House

Introduced In House - Assigned to Finance

  • Introduction
Finance

Apr 18, 2023

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee

Senate

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

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

Feb 07, 2023

Senate

Senate Committee on Finance Refer Unamended to Appropriations

  • Referral-Committee
Appropriations Finance

Jan 17, 2023

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Signed Act (06/02/2023) PDF
Final Act (05/04/2023) PDF
Rerevised (04/29/2023) PDF
Revised (04/26/2023) PDF
Reengrossed (04/19/2023) PDF
Engrossed (04/18/2023) PDF
Introduced (01/17/2023) PDF
PA1 (04/18/2023) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (04/17/2023) PDF
Fiscal Note SA2 (04/25/2023) PDF
Fiscal Note FN1 (01/20/2023) PDF
Fiscal Note FN2 (04/21/2023) PDF
Fiscal Note FN3 (07/26/2023) 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.