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SB 23-215

signed

State Employee Reserve Fund General Fund Transfer

Plain-English Summary

AI-generated

Senate Bill 23-215 requires the state treasurer to move $4.9 million from a reserve fund for state employees to the general fund on July 1, 2023. This transfer affects how money is allocated between funds meant to support state employee needs and the broader operations of the government. The bill has been signed into law by the governor and took effect immediately on April 17, 2023.

Official Summary

On July 1, 2023, the state treasurer is required to transfer $4,913,753 from the state employee reserve fund to the general fund. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2023-04-17
Latest action
2023-03-24
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Votes

BILL
2023-04-06 · House · passYes: 50 · No: 11 · Other:
BILL
2023-03-30 · Senate · passYes: 35 · No: 0 · Other: