HB 16-1250 Summary

• Provides a supplemental appropriation to the Colorado Department of Revenue for the fiscal year beginning July 1, 2015, amending Part XIX of SB 15-234.

• Appropriates $324,185,888 total across multiple funding sources: $97,864,991 from the General Fund, $220,182,339 from cash funds, $5,314,170 from reappropriated funds, and $824,388 from federal funds.

• Funds operations for six major divisions: Executive Director's Office, Information Technology, Taxation Business Group, Motor Vehicles, Enforcement Business Group, and State Lottery Division.

• Includes distributions to local governments for cigarette tax rebates ($10.6 million), old age heat and fuel assistance ($6.6 million), and retail marijuana sales tax distribution ($6.3 million).

• Contains a safety clause declaring the act necessary for immediate preservation of public peace, health, and safety.