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SB 23-237

signed

Transfer To Water Plan Implementation Cash Fund

Plain-English Summary

AI-generated

Senate Bill 23-237 requires the state treasurer to move $12.6 million from a fund that collects taxes on activities like oil and gas extraction to another fund dedicated to implementing Colorado’s water plan. This transfer happened on June 30, 2023, as required by the bill, which was signed into law and became effective on April 20, 2023. The money will be used to support projects and initiatives related to water management in Colorado.

Official Summary

On June 30, 2023, the state treasurer is required to transfer $12.6 million from the severance tax operational fund to the water plan implementation cash fund. APPROVED by Governor April 20, 2023 EFFECTIVE April 20, 2023 (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2023-04-20
Latest action
2023-03-24
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (7)

amends
HB 19-1327(2019A)· signed
Authorize And Tax Sports Betting Refer Under Taxpayers' Bill Of Rights
amends
HB 22-1402(2022A)· signed
Responsible Gaming Grant Program
amends
SB 23-126(2023A)· signed
Department of Natural Resources Supplemental
amends
HB 22-1316(2022A)· signed
Colorado Water Conservation Board Construction Fund Project
amends
SB 22-028(2022A)· signed
Groundwater Compact Compliance Fund
relates
HB 22-1412(2022A)· signed
Sunset Division Of Gaming
relates
HB 22-1278(2022A)· signed
Behavioral Health Administration

Affected by (13)

amends
SB 26-131(2026A)· signed
Sports Betting Protections
amends
HB 25-1311(2025A)· signed
Deductions for Net Sports Betting Proceeds
relates
SB 25-283(2025A)· signed
Funding Water Conservation Board Projects
relates
HB 26-1163(2026A)· signed
Department of Natural Resources Supplemental
relates
HB 26-1338(2026A)· signed
2026 Water Projects Bill
relates
SB 26-131(2026A)· signed
Sports Betting Protections
relates
HB 24-1436(2024A)· signed
Sports Betting Tax Revenue Voter Approval
relates
SB 25-102(2025A)· signed
Department of Natural Resources Supplemental
relates
HB 24-1194(2024A)· signed
Department of Natural Resources Supplemental
relates
HB 24-1435(2024A)· signed
Colorado Water Conservation Board Projects
relates
SB 23-177(2023A)· signed
2023 Colorado Water Conservation Board Water Projects Appropriations
repeals
HB 24-1436(2024A)· signed
Sports Betting Tax Revenue Voter Approval
repeals
HB 24-1450(2024A)· signed
Revisor's Bill

Votes

BILL
2023-04-06 · House · pass — Yes: 62 · No: 0 · Other: —
BILL
2023-03-30 · Senate · pass — Yes: 35 · No: 0 · Other: —