SB 23-141

Senate Bill 23-141 transfers money from Colorado's general fund to support various capital construction projects. Specifically, it allocates $5.6 million for general capital construction, $4.9 million for armory-related construction managed by the state adjutant general, and $499,500 for information technology infrastructure improvements. The bill was signed into law on March 3, 2023, meaning these transfers are now in effect and being implemented.

Official Summary

For the 2022-23 state fiscal year, the act transfers from the general fund: $5,592,930 to the capital construction fund; $4,908,395 to the real estate proceeds account that is used, subject to annual appropriation, by the adjutant general of the state for capital construction related to armories; and $499,500 to the information technology capital account of the capital construction fund. APPROVED by Governor March 3, 2023 EFFECTIVE March 3, 2023(Note: This summary applies to this bill as enacted.)

Votes