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CO HB1202

Bill

Status

Passed

2/27/2024

Primary Sponsor

Shannon Bird

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Amends the 2023 budget (SB 23-214) to provide supplemental appropriations to the Department of the Treasury for fiscal year 2023-2024.

  • Appropriates $781,409,876 total, including $313,711,549 from the General Fund and $436,630,358 from cash funds for Treasury operations and programs.

  • Funds three main divisions: Administration ($8,966,622), Unclaimed Property Program ($3,421,487), and Special Purposes ($769,021,767) including property tax exemptions, lease purchases, and PERA liability distributions.

  • Includes $150 million in S.B. 17-267 collateralization lease purchase payments and $35 million for unfunded actuarial PERA liability, with multiple fund sources designated.

  • Includes safety clause declaring the appropriation necessary for immediate preservation of public peace and support of state departments and institutions.

Legislative Description

Department of Treasury Supplemental

State Revenue & Budget

Last Action

Governor Signed

2/27/2024

Committee Referrals

Appropriations2/9/2024
Appropriations2/2/2024

Full Bill Text

No bill text available