CO SB264

Transfers approximately $190 million from over 50 state cash funds to the General Fund, with most transfers occurring on June 30, 2025 or July 1, 2025

Largest transfers include $71.4 million from the Multimodal Transportation Options Fund, $15 million from the Major Medical Insurance Fund, $14 million from the Electrifying School Buses Grant Program Cash Fund, and $11 million from the Advanced Industry Fund

Transfers unexpended balances from several education-related funds including the High-Cost Special Education Trust Fund, Dropout Prevention Activity Grant Fund, Full-Day Kindergarten Facility Capital Construction Fund, and Rural Schools Cash Fund

Directs that money transferred from the State Employee Reserve Fund should be used for direct distribution to the Public Employees' Retirement Association (PERA)

Most transfer provisions automatically repeal on July 1, 2026, and the bill takes effect upon passage