HB 18-1172
signedMoney Allocated To Designated Managed Service Organization
Plain-English Summary
AI-generatedHB 18-1172, a Colorado bill that has been signed into law, updates how money from marijuana taxes is used to support substance use disorder services. It allows designated managed service organizations (MSOs) to spend this money on necessary start-up costs and ongoing expenses related to providing these services. The bill also requires MSOs to report their spending annually to both the Department of Human Services and legislative committees, while simplifying some reporting requirements. This change affects how funds are allocated and tracked for substance use disorder programs in Colorado.
Official Summary
Joint Budget Committee. The bill amends the 'Increasing Access to Effective Substance Use Disorder Services Act' to: Clarify that a designated managed service organization (designated MSO) may use money allocated to it from the marijuana tax cash fund for expenditures for substance use disorder services and for any start-up costs or other expenses necessary to increase capacity to provide such services; Permit a designated MSO to spend an unused allocation in the next state fiscal year after it has been received, but requires any unspent amount after that time to be returned to the department of human services (department); Allow the appropriation of the money unspent by a designated MSO in the year it is received to roll forward to the next state fiscal year; Require a designated MSO to submit an annual expenditure report to legislative committees in addition to the department, which is currently the only entity that receives this report; Eliminate an annual mid-year expenditure report that a designated MSO is required to submit to the department and replaces it with a requirement that the designated MSO provide the department with information about expenditures as required by the department; Eliminate the requirement that a departmental report about expenditures to legislative committees must continue after the first report is made; and Require the department to report on outcomes related to the implementation of the act as part of its 'State Measurement for Accountable, Responsive, and Transparent (SMART) Government Act' hearing.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Details
- Chamber
- House
- First action
- 2018-04-09
- Latest action
- 2018-02-02
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
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