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CO SB261

Bill

Status

Passed

5/30/2019

Primary Sponsor

Dominick Moreno

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Amends Colorado Revised Statutes 38-13-116.5 to authorize three transfers from the unclaimed property trust fund to the general fund on specified dates.

  • State treasurer shall transfer $25 million on July 1, 2009, and $8 million on June 30, 2016 from the unclaimed property trust fund to the general fund.

  • State treasurer shall transfer $30 million on July 1, 2019 from the unclaimed property trust fund to the general fund.

  • Declares the act necessary for the immediate preservation of public peace, health, and safety under the safety clause provision.

Legislative Description

Unclaimed Property Trust Fund Transfer

Last Action

Governor Signed

5/30/2019

Committee Referrals

Appropriations5/1/2019
Appropriations4/26/2019

Full Bill Text

No bill text available