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CO HB1371

Bill

Status

Passed

5/29/2018

Primary Sponsor

Daneya Esgar

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

HB 18-1371 Summary

  • Capital construction, information technology capital, controlled maintenance, and capital renewal project appropriations from annual general appropriation acts remain available for expenditure or encumbrance for three full fiscal years from enactment, or until project completion, whichever occurs first.

  • Capital construction appropriations from supplemental appropriation acts authorized under specified statutes remain available for three full fiscal years from the fiscal year of enactment, with exceptions for expenditures and nonmonetary adjustments under certain sections.

  • Any portion of a capital construction appropriation not expended in the first fiscal year forfeits the three-year availability period; all unexpended and unencumbered money reverts to the originating fund after the three-year period.

  • State agencies and the Office of State Planning and Budgeting must meet deadlines established in statute for submitting capital construction budget requests, amendments, and supplemental appropriation-related amendments prior to Joint Budget Committee submission.

  • December 10 deadline applies to capital construction budget request amendments related to supplemental appropriations for current or previous fiscal years, with emergency submissions permitted if the office notifies the capital development committee within 30 days of determining the emergency.

Legislative Description

Capital Construction Budget Items

Last Action

Governor Signed

5/29/2018

Committee Referrals

Finance4/18/2018
Committee of the Whole4/16/2018
Finance4/9/2018

Full Bill Text

No bill text available