HB 22-1001

House Bill 22-1001, which has been signed into law, requires the state treasurer to transfer $8.435 million from Colorado’s general fund to the Department of State. This money will be used by the Department of State to lower certain fees that businesses pay when filing documents with the secretary of state's office during the 2022-2023 fiscal year. The bill aims to reduce financial burdens on businesses in Colorado, and since it has been signed into law, these fee reductions are expected to take effect as planned.

Official Summary

The act requires the state treasurer to transfer $8,435,000 from the general fund to the department of state cash fund on July 1, 2022, for use by the department of state to offset the costs of reducing certain of the secretary of state's business-related fees during state fiscal year 2022-23. (Note: This summary applies to this bill as enacted.)

Votes