SB 25-267

Senate Bill 25-267, now signed into law, removes a state department's ability to carry over unused funds from one fiscal year to the next for purchasing energy conservation equipment and services. This change means that any leftover money designated for utilities must be returned to the budget rather than being used in the following year without additional approval. The bill affects how state departments manage their budgets related to energy conservation, ensuring that all spending requires new appropriations each fiscal year.

Official Summary

The act repeals the roll-forward authority of a state department to use unexpended and unencumbered money from the department's utilities line item to purchase energy conservation equipment and services during the state fiscal year following the state fiscal year for which the money was appropriated without further appropriation. (Note: This summary applies to this bill as enacted.)

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