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CO SB222

Bill

Status

Passed

5/31/2024

Primary Sponsor

Jeff Bridges

Click for details

Origin

Senate

2024 Regular Session

AI Summary

Senate Bill 24-222 Summary

  • Reduces the Department of Revenue's general fund appropriation for leased space by $400,000 annually from fiscal year 2025-26 through 2028-29, then increases operating expenses by $400,000 annually for the same period, with both provisions repealing July 1, 2029.

  • Authorizes the State Historical Society to provide a zero-interest loan of up to $1.6 million to the Department of Revenue in fiscal year 2024-25 to facilitate the Department's relocation and consolidation to the Auraria Higher Education Campus, with repayment of at least $400,000 per year through June 30, 2029.

  • Appropriates $2.25 million from the state museum cash fund to the Department of Higher Education for History Colorado to relocate its storage facility and renovate the state-owned facility at 1881 Pierce Street in Denver.

  • Appropriates $1.6 million in reappropriated funds and $1,933,931 from the capital construction fund to the Department of Revenue for capital construction related to consolidation at the Auraria Higher Education Campus, with unspent funds available through fiscal year 2026-27.

  • Modifies the capital construction fund transfer amount on July 1, 2024 from $160,844,354 to $162,778,285.

Legislative Description

State Funding to Relocate Two State Entities

State Government

Last Action

Governor Signed

5/31/2024

Committee Referrals

Appropriations5/1/2024
Appropriations4/25/2024

Full Bill Text

No bill text available