HB 24-1199

House Bill 24-1199 adjusts the funding for Colorado's Department of Revenue. It decreases the amount of money coming from the general fund but increases the cash funds available to the department. This bill has been signed by the governor and is now in effect, meaning the changes to the department’s budget have officially taken place as of March 6, 2024. The primary impact is on how the Department of Revenue manages its finances moving forward.

Official Summary

The 2023 general appropriations act is amended to balance and make adjustments to the total amount appropriated to the department of revenue. The general fund portion of the appropriation is decreased. The 2022 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of revenue. The cash funds portion of the appropriation is increased. APPROVED by Governor March 6, 2024 EFFECTIVE March 6, 2024(Note: This summary applies to this bill as enacted.)

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