SB 17-266
signedState General Fund Reserve Reduction For FY2016-17
Plain-English Summary
AI-generatedSenate Bill 17-266, which has been signed into law, reduces the required reserve amount for Colorado's State General Fund from 6.5% to 6% of the total budgeted spending for fiscal year 2016-2017. This change affects how much money must be set aside as a financial cushion for unexpected expenses or economic downturns. Since it has been signed, this bill is now law and impacts state finances by allowing slightly less to be reserved in the general fund.
Official Summary
Joint Budget Committee. For the fiscal year 2016-17, the bill reduces the statutorily required general fund reserve from 6.5% to 6% of the amount appropriated for expenditure from the general fund.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Details
- Chamber
- Senate
- First action
- 2017-04-28
- Latest action
- 2017-03-27
- Last action desc.
- Introduced In Senate - Assigned to Appropriations
- OpenStates
- View source ↗
Related Legislation
This bill affects (6)
amendsSB 17-169(2017A)· signedSupplemental Appropriations Department of Revenue
amendsSB 17-162(2017A)· signedSupplemental Appropriations Department of Health Care Policy & Financing
amendsSB 17-263(2017A)· signedCapital-related Transfers Of Money
amendsSB 17-168(2017A)· signedSupplemental Appropriations Department of Public Safety
amendsSB 17-159(2017A)· signedSupplemental Appropriations Department of Corrections
amendsSB 17-164(2017A)· signedSupplemental Appropriations Judicial Department
Affected by (69)
amendsHB 24-1231(2024A)· signedState Funding for Higher Education Projects
amendsHB 23B-1005(2023B)· signedMatters Related To Tax Relief For Tax Year 2023
amendsSB 25-310(2025A)· signedProposition 130 Implementation
relatesHB 24-1196(2024A)· signedDepartment of Public Health & Environment Supplemental
relatesHB 22-1179(2022A)· signedDepartment of Public Health & Environment Supplemental
relatesHB 22-1195(2022A)· signedTransfers From General Fund To Capital Construction Fund
relatesHB 22-1173(2022A)· signedDepartment of Health Care Policy & Financing Supplemental
relatesHB 18-1035(2018A)· signedIncrease General Fund Reserve
relatesHB 18-1169(2018A)· signedSupplemental Appropriation - Department Of Treasury
relatesHB 18-1163(2018A)· signedSupplemental Appropriation - Judicial Department
relatesHB 18-1158(2018A)· signedSupplemental Appropriation - Dept Of Corrections
relatesHB 22-1183(2022A)· signedDepartment of Treasury Supplemental
relatesSB 23-131(2023A)· signedDepartment of Revenue Supplemental
relatesSB 23-128(2023A)· signedDepartment of Public Health & Environment Supplemental
relatesHB 24-1192(2024A)· signedDepartment of Local Affairs Supplemental
relatesSB 18-274(2018A)· signedImplement Prison Utilization Studies
relatesHB 18-1340(2018A)· signedTransfers Of Money For State's Infrastructure
relatesHB 22-1181(2022A)· signedDepartment of Revenue Supplemental
relatesHB 22-1197(2022A)· signedEffective Date Of Department Of Early Childhood
relatesSB 23-141(2023A)· signedGeneral Fund Transfers For Capital Construction
relatesSB 23-117(2023A)· signedDepartment of Health Care Policy & Financing Supplemental
relatesSB 23-124(2023A)· signedDepartment of Local Affairs Supplemental
relatesSB 25-104(2025A)· signedDepartment of Public Health & Environment Supplemental
relatesSB 25-100(2025A)· signedDepartment of Local Affairs Supplemental
relatesSB 25-107(2025A)· signedDepartment of Revenue Supplemental
relatesSB 25-110(2025A)· signedDepartment of Treasury Supplemental
relatesHB 26-1168(2026A)· signedDepartment of Revenue Supplemental
relatesHB 26-1171(2026A)· signedDepartment of Treasury Supplemental
relatesSB 17-263(2017A)· signedCapital-related Transfers Of Money
relatesHB 24-1185(2024A)· signedDepartment of Health Care Policy & Financing Supplemental
relatesSB 24-111(2024A)· signedSenior Primary Residence Prop Tax Reduction
relatesHB 26-1363(2026A)· signedTemporarily Reduce General Fund Reserve
relatesHB 18-1165(2018A)· signedSupplemental Appropriation - Department Of Public Safety
relatesHB 18-1173(2018A)· signedSupplemental General Fund Transfer Information Technology Capital Construction Account
relatesHB 18-1167(2018A)· signedSupplemental Appropriation - Dept Of Revenue
relatesHB 18-1161(2018A)· signedSupplemental Appropriation - Dept Of Health Care Policy & Financing
relatesHB 22-1340(2022A)· signedCapital-related Transfers Of Money
relatesHB 22-1133(2022A)· signedFamily And Medical Leave Insurance Fund
relatesSB 23-134(2023A)· signedDepartment of Treasury Supplemental
relatesSB 23-294(2023A)· signedIncrease General Fund Transfers To Capital Construction Fund
relatesHB 24-1465(2024A)· signedProgram Changes Refinance Coronavirus Recovery Funds
relatesSB 24-222(2024A)· signedState Funding to Relocate Two State Entities
relatesHB 26-1161(2026A)· signedDepartment of Local Affairs Supplemental
relatesSB 23-243(2023A)· signedGeneral Fund Transfers To Capital Construction Fund
relatesHB 23-1290(2023A)· signedProposition EE Funding Retention Rate Reduction
relatesHB 24-1199(2024A)· signedDepartment of Revenue Supplemental
relatesHB 24-1425(2024A)· signedTransfers for Capital Construction
relatesHB 24-1202(2024A)· signedDepartment of Treasury Supplemental
relatesHB 26-1155(2026A)· signedDepartment of Health Care Policy & Financing Supplemental
relatesHB 26-1165(2026A)· signedDepartment of Public Health & Environment Supplemental
relatesHB 24-1215(2024A)· signedTransfers to the Capital Construction Fund
relatesHB 26-1179(2026A)· signedGeneral Fund Transfer to Information Technology Capital Account
relatesHB 26-1411(2026A)· signedChanges to Cover All Coloradans Program
relatesSB 26-149(2026A)· signedPathways for Individuals with Mental Health Disorder
relatesHB 26-1402(2026A)· signedTransfer to Capital Construction Fund
relatesSB 23-221(2023A)· signedHealthy School Meals For All Program Fund
relatesSB 25-093(2025A)· signedDepartment of Health Care Policy & Financing Supplemental
relatesSB 25-270(2025A)· signedEnterprise Nursing Facility Provider Fees
relatesHB 25-1156(2025A)· signedMake Senior Home Tax Valuation Reduction Permanent
relatesSB 25-262(2025A)· signedChanges to Money in the Capital Construction Fund
relatesSB 25-214(2025A)· signedHealthy School Meals for All Program
relatesHB 26-1177(2026A)· signedEnd Nursing Provider Wage Enhancement Payments
repealsHB 24-1466(2024A)· signedRefinance Federal Coronavirus Recovery Funds
repealsSB 18-276(2018A)· signedIncrease General Fund Reserve
Votes
Refer Senate Bill 17-266 to the Committee of the Whole. The motion passed on a vote of 9-4.
2017-04-04 · House · pass — Yes: 9 · No: 4 · Other: —
Refer Senate Bill 17-266 to the Committee of the Whole and consent calendar. The motion passed on a vote of 7-0.
2017-04-04 · House · pass — Yes: 7 · No: 0 · Other: —