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HB 24-1415

signed

State Employee Reserve Fund

Plain-English Summary

AI-generated

House Bill 24-1415, which has been signed into law by the governor, requires the state treasurer to move $31.16 million from a special fund for state employees to the general fund on June 30, 2024. This transfer will affect how money is allocated within the state's budget, potentially impacting future funding for state employee benefits or emergencies. The bill is now law and effective as of April 18, 2024.

Official Summary

The act requires the state treasurer to transfer $31,160,000 from the state employee reserve fund to the general fund on June 30, 2024. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)

Details

Chamber
House
First action
2024-04-18
Latest action
2024-03-25
Last action desc.
Introduced In House - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Votes

BILL
2024-04-05 · Senate · passYes: 24 · No: 1 · Other:
BILL
2024-04-01 · House · passYes: 52 · No: 12 · Other: