HB 18-1166 Summary

• Appropriates supplemental funds to the Department of Regulatory Agencies for fiscal year beginning July 1, 2017, amending the appropriations in Session Laws of Colorado 2017, chapter 421 (SB 17-254).

• Total appropriation of $99,477,660 distributed across ten divisions including Executive Director's Office, Banking, Civil Rights, Insurance, Public Utilities Commission, Real Estate, Professions and Occupations, and Securities.

• Funds derived from multiple sources including general fund ($1,844,627), cash funds ($91,465,507), and other designated sources, with specific cash funds allocated to each division based on existing statutory authorities.

• Appropriates $9,450,000 for rural broadband deployment with the intent that these funds be spent in rural Colorado.

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