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CO SB134
Bill
AI Summary
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Amends Colorado Revised Statutes 24-75-402(2)(h)(IV) to modify how non-fee source revenues are estimated when calculating uncommitted reserves in cash funds.
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Removes the requirement that non-fee revenue estimates equal the portion of total revenues received from non-fee sources in the prior fiscal year.
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Simplifies the definition of "uncommitted reserves" by repealing specific language that previously mandated the prior year calculation method for non-fee revenue estimates.
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Declares the act necessary for immediate preservation of public peace, health, or safety under the safety clause provision.
Legislative Description
Estimate Of Non-fee Sources Of Cash Fund Revenue
Last Action
Governor Signed
3/23/2020
Committee Referrals
Finance2/19/2020
Finance1/27/2020
Full Bill Text
No bill text available