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CO SB226

Bill

Official Source

Status

Passed

5/17/2021

Primary Sponsor

Dominick Moreno

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Fiscal year 2020-21 requires 2.86% of appropriated general fund amounts retained as reserve
  • Fiscal year 2021-22 requires 13.4% of appropriated general fund amounts retained as reserve
  • Fiscal year 2022-23 and thereafter requires 15% of appropriated general fund amounts retained as reserve
  • Amends Colorado Revised Statutes 24-75-201.1 to modify unrestricted general fund year-end balance requirements
  • Designated as emergency legislation necessary for immediate preservation of public peace, health, or safety

Legislative Description

Increase The General Fund Reserve

Last Action

Governor Signed

5/17/2021

Committee Referrals

Appropriations4/9/2021
Appropriations4/5/2021

Full Bill Text

No bill text available