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CO HB1144
Bill
Status
4/13/2017
Primary Sponsor
Daneya Esgar
Click for details
AI Summary
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Excludes money allocated to the Division of Parks and Wildlife from lottery proceeds from the definition of "cash fund" under capital construction funding requirements.
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Requires the General Assembly to include an annual depreciation-lease equivalent payment line item in the operating section of the annual general appropriation act for state agencies that receive cash fund capital construction appropriations.
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Applies to state agencies that receive capital construction appropriations from cash funds starting with the 2018-19 annual general appropriation act and all subsequent years, excluding information technology projects.
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Takes effect August 9, 2017, or upon voter approval if a referendum petition is filed, with approval required at the November 2018 general election.
Legislative Description
Amend Capitol Construction Automatic Funding Mechanism
Capital Construction
Last Action
Governor Signed
4/13/2017