CO SB237

Increases the general fund reserve requirement from 4.5 percent to 5 percent of appropriated expenditures for fiscal year 2012-13.

Changes the initial reserve requirement suspension period from applying to the first fiscal year after a personal income trigger to suspending until the third fiscal year that begins after the trigger occurs.

Maintains a 4 percent (changed from prior language) reserve requirement during years when the initial reserve requirement is suspended.

Suspends related reserve requirements in subparagraphs (XIII), (XIV), (XV), and (XVI) by the same number of fiscal years that the initial reserve requirement is suspended.

Designates this act as necessary for immediate preservation of public peace, health, and safety under the safety clause provision.