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CO SB126

Bill

Status

Passed

2/28/2019

Primary Sponsor

Dominick Moreno

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Amends the 2018 budget (HB 18-1322) for the Department of the Treasury for fiscal year beginning July 1, 2018, with supplemental appropriations totaling $589,423,289.

  • Increases Personal Services for Administration from $1,444,572 to $1,465,993 (17.4 FTE), with adjustments to various employee benefit and compensation line items.

  • Provides $2,284,163 for the Unclaimed Property Program, including $888,864 for personal services (15.5 FTE), $336,619 for operating expenses, and $800,000 for contract auditor services.

  • Allocates $584,439,697 for Special Purposes including $162,806,461 for senior citizen and disabled veteran property tax exemptions, $215,623,312 for county highway users tax payments, and $147,802,833 for municipality highway users tax payments.

  • Includes $37,500,000 in S.B. 17-267 collateralization lease purchase payments, with $9,000,000 from General Fund and $28,500,000 from reappropriated funds.

Legislative Description

Suppl Approp Dept Treasury

Last Action

Governor Signed

2/28/2019

Committee Referrals

Appropriations2/8/2019
Appropriations2/4/2019

Full Bill Text

No bill text available