CO SB108

Repeals a 2009 provision requiring the state treasurer to transfer $2.3 million from the capitol complex facilities fund to the general fund.

Sets the alternative target reserve for the Department of Personnel Revolving Fund at 16.5 percent of the amount expended from the fund during a fiscal year, plus any capital outlay reserve balance, effective for fiscal year 2013-14 and thereafter.

Allows uncommitted capital outlay reserves at the end of a fiscal year to be used for capital outlay subject to appropriation in the annual general appropriation act.

Defines "capital outlay reserve" as any accumulated depreciation identified in fund balance reports prepared by the Department of Personnel.

Excludes the Department of Personnel Revolving Fund's capital outlay reserve from cash fund limitations on uncommitted reserves under state law.