CO SB317

Transfers interest and investment income earned during FY 2024-25 from over 50 state cash funds to the general fund on June 30, 2025, totaling approximately $68 million in one-time transfers

Redirects ongoing interest and investment earnings from most affected cash funds to the general fund for FY 2025-26, with some funds returning to their original interest retention structure in FY 2026-27

Major one-time transfers include: $16.4 million from the Capital Construction Fund, $8.6 million from the Local Government Severance Tax Fund, $5.7 million from the State Emergency Reserve Cash Fund, and $5.0 million from the Information Technology Capital Account

Affected funds span multiple state functions including workers' compensation, affordable housing, energy programs, economic development, law enforcement grants, emergency medical services, and environmental protection

Transfer provisions for the one-time June 30, 2025 amounts automatically repeal on July 1, 2026