HB 12-1199 Summary

• Provides supplemental appropriation to the Department of the Treasury for fiscal year beginning July 1, 2011, amending Part XXII of SB 11-209.

• Appropriates $386,472,093 total across three main programs: Administration ($2,031,919), Unclaimed Property Program ($1,958,882), and Special Purposes ($382,481,292).

• Includes $1,700,000 for Senior Citizen and Disabled Veteran Property Tax Exemption funding not subject to General Fund appropriation limitations.

• Allocates $25,321,079 to Fire and Police Pension Association for old hire plans and $41,000,000 estimated transmittals to CoverColorado from Unclaimed Property Trust Fund.

• Distributes $314,460,213 in Highway Users Tax Fund revenues to counties and municipalities.