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CO SB263
Bill
AI Summary
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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
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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
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Prohibits transfers between Department of Corrections line items unless explicitly authorized in a footnote to the annual general appropriation act
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Extends the controller's authority to allow overexpenditures through fiscal years beginning before July 1, 2030 (previously July 1, 2025)
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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