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CO SB110

Bill

Status

Passed

2/27/2025

Primary Sponsor

Jeff Bridges

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Amends the FY 2024-25 appropriation to the Department of the Treasury, increasing the total from $952,481,612 to $952,559,166

  • Increases Payments to OIT (Office of Information Technology) from $235,606 to $265,730, with adjustments to both General Fund ($155,374) and Cash Funds ($110,356) components

  • Increases Unclaimed Property Program operating expenses from $1,348,180 to $1,395,610, funded from the Unclaimed Property Trust Fund

  • Adds new footnote clarifying that $165,371,147 for Direct Distribution for Unfunded Actuarial Accrued PERA Liability attributable to K-12 public education is included for informational purposes per state constitutional spending limits

  • Net supplemental increase of $77,554, with General Fund portion increasing by $14,010 and Cash Funds increasing by $63,544

Legislative Description

Department of Treasury Supplemental

State Revenue & Budget

Last Action

Governor Signed

2/27/2025

Committee Referrals

Appropriations2/6/2025
Appropriations2/3/2025

Full Bill Text

No bill text available