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CO SB263

Bill

Status

Passed

4/25/2025

Primary Sponsor

Judith Amabile

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Extends the repeal date from September 1, 2025 to September 1, 2030 for seven statutes governing state spending authority, including provisions for transfers between appropriations and overexpenditures

  • Clarifies that intradepartmental transfers between appropriations are considered "for like purposes" only when both line items serve the same specified purpose as defined in statute

  • Prohibits transfers between Department of Corrections line items unless explicitly authorized in a footnote to the annual general appropriation act

  • Extends the controller's authority to allow overexpenditures through fiscal years beginning before July 1, 2030 (previously July 1, 2025)

  • Maintains existing transfer authorities between the departments of Health Care Policy and Financing and Human Services for Medicaid programs

Legislative Description

Spending Authority Statutes

State Revenue & Budget

Last Action

Governor Signed

4/25/2025

Committee Referrals

Appropriations4/3/2025
Appropriations3/31/2025

Full Bill Text

No bill text available