CO SB311

Office of the State Controller must transfer balances of any repealed cash fund to the General Fund on June 30, 2025, and each June 30 thereafter, unless otherwise provided by law

State Controller must submit annual reports to the Joint Budget Committee by November 1, beginning in 2025

Annual reports must identify cash funds that have been inactive for the preceding two state fiscal years, excluding interest and deposit income activity, along with their balances

Reports must also include the total amount transferred to the General Fund from repealed cash funds during the preceding fiscal year

Adds new section 24-75-404 to Colorado Revised Statutes governing repealed and unused cash funds