HB 24-1185

House Bill 24-1185 adjusts the budget for Colorado's Department of Health Care Policy and Financing by shifting funds from the general fund and federal sources to cash funds and previously allocated funds. It also covers any overspending that occurred in the previous year and further specifies how money will be used according to a previous hospital fee law (House Bill 23-1215). This bill has been signed into law and took effect on February 27, 2024, meaning its changes are now active.

Official Summary

The 2023 general appropriations act is amended to balance and make adjustments to the total amount appropriated to the department of health care policy and financing. The general fund and federal funds portions of the appropriation are decreased and the cash funds and reappropriated funds portions are increased. A new appropriation to the department for overexpenditures of line item appropriations in the 2022 long bill is made. Amends House Bill 23-1215, concerning limitations on hospital facility fees, to further appropriate the amount appropriated for the 2024-25 fiscal year. APPROVED by Governor February 27, 2024 EFFECTIVE February 27, 2024(Note: This summary applies to this bill as enacted.)

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