HB 20-1378 Summary

• Authorizes transfer of $1,397,624 from general fund to capital construction fund for fiscal year 2019-20, and $2,043,768 on July 1, 2020.

• Authorizes transfer of $445,000 from general fund to information technology capital account on July 1, 2020.

• Authorizes transfer of $500,000 from general fund exempt account to capital construction fund on July 1, 2020.

• Requires state treasurer to transfer $21,134,709 from information technology capital account back to general fund on June 30, 2020.

• Declares the act necessary for immediate preservation of public peace, health, or safety.