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HB 22-1342

signed

State Emergency Reserve Cash Fund

Plain-English Summary

AI-generated

House Bill 22-1342, also known as the State Emergency Reserve Cash Fund bill, requires the state treasurer to put any interest and income earned from federal coronavirus relief funds into a special emergency fund. This fund can only be used during declared emergencies according to Colorado's Taxpayer's Bill of Rights. The bill has been signed into law, meaning it is now active and the state will start managing these funds as specified by the legislation.

Official Summary

The act requires the state treasurer to credit any interest and income derived from the deposit and investment of federal funds that the state received from the federal coronavirus state fiscal recovery fund to the state emergency reserve cash fund, which is available for declared emergencies only as required by the taxpayer's bill of rights. (Note: This summary applies to this bill as enacted.)

Details

Chamber
House
First action
2022-04-25
Latest action
2022-03-28
Last action desc.
Introduced In House - Assigned to Appropriations
OpenStates
View source ↗

Related Legislation

This bill affects (19)

amends
SB 17-163(2017A)· signed
Supplemental Appropriations Department of Human Services
amends
HB 18-1055(2018A)· signed
Increase Surcharge For Court Security Cash Fund
amends
SB 21-292(2021A)· signed
Federal COVID Funding For Victim's Services
amends
HB 22-1175(2022A)· signed
Department of Human Services Supplemental
amends
HB 22-1176(2022A)· signed
Judicial Department Supplemental
amends
SB 19-114(2019A)· signed
Suppl Approp Dept Human Services
amends
HB 19-1251(2019A)· failed
Age Of Marriage And Emancipation Procedure
amends
HB 19-1316(2019A)· signed
Modernizing Marriage Laws For Minors
amends
SB 17-054(2017A)· failed
Create Rotation Schedule For Tax Checkoff Programs
amends
SB 19-180(2019A)· signed
Eviction Legal Defense Fund
amends
SB 20B-002(2020B)· signed
Housing And Direct COVID Emergency Assistance
amends
HB 18-1162(2018A)· signed
Supplemental Appropriation - Department Of Human Services
repeals
HB 22-1192(2022A)· signed
Displaced Workers Grant Appropriation
repeals
HB 22-1171(2022A)· signed
Department of Education Supplemental
repeals
HB 22-1174(2022A)· signed
Department of Higher Education Supplemental
repeals
HB 21-1329(2021A)· signed
American Rescue Plan Act Money To Invest Affordable Housing
repeals
SB 21-268(2021A)· signed
Public School Finance
repeals
HB 21-1330(2021A)· signed
Higher Education Student Success
repeals
HB 22-1340(2022A)· signed
Capital-related Transfers Of Money

Affected by (35)

amends
HB 22-1411(2022A)· signed
Money From Coronavirus State Fiscal Recovery Fund
amends
HB 24-1466(2024A)· signed
Refinance Federal Coronavirus Recovery Funds
amends
SB 22-162(2022A)· signed
Administration Organization Act Modernization
amends
HB 24-1155(2024A)· signed
Management of Certain Public Safety Emergencies
amends
HB 23-1232(2023A)· signed
Extend Housing Toolkit Time Frame
amends
SB 24-174(2024A)· signed
Sustainable Affordable Housing Assistance
relates
SB 22-146(2022A)· signed
Middle Income Access Program Expansion
relates
SB 22-160(2022A)· signed
Loan Program Resident-owned Communities
relates
HB 22-1282(2022A)· signed
The Innovative Housing Incentive Program
relates
SB 22-159(2022A)· signed
Revolving Loan Fund Invest Affordable Housing
relates
HB 22-1304(2022A)· signed
State Grants Investments Local Affordable Housing
relates
SB 23-213(2023A)· signed
Land Use
relates
HB 23-1232(2023A)· signed
Extend Housing Toolkit Time Frame
relates
SB 23-120(2023A)· signed
Judicial Department Supplemental
relates
HB 24-1188(2024A)· signed
Judicial Department Supplemental
relates
SB 25-096(2025A)· signed
Judicial Department Supplemental
relates
HB 26-1158(2026A)· signed
Judicial Department Supplemental
relates
HB 22-1350(2022A)· signed
Regional Talent Development Initiative Grant Program
relates
SB 22-192(2022A)· signed
Opportunities For Credential Attainment
relates
HB 22-1349(2022A)· signed
Postsecondary Student Success Data System
relates
HB 24-1210(2024A)· signed
Higher Education Longitudinal Data System Report Deadline
relates
SB 25-312(2025A)· signed
American Rescue Plan Act Funds
relates
SB 23-246(2023A)· signed
State Emergency Reserve
relates
HB 26-1406(2026A)· signed
Repeal Capital Construction Funding Requirements
relates
SB 23-119(2023A)· signed
Department of Human Services Supplemental
relates
HB 26-1409(2026A)· signed
Marijuana Tax Cash Fund Distributions
relates
HB 23-1278(2023A)· signed
Virtual Marriage Or Civil Union License Procedures
relates
HB 26-1157(2026A)· signed
Department of Human Services Supplemental
relates
HB 26-1422(2026A)· signed
Security Measures for Certain Government Entities
relates
HB 24-1187(2024A)· signed
Department of Human Services Supplemental
relates
SB 25-095(2025A)· signed
Department of Human Services Supplemental
repeals
HB 24-1465(2024A)· signed
Program Changes Refinance Coronavirus Recovery Funds
repeals
SB 25-317(2025A)· signed
Transfer Cash Fund Investment Earnings to General Fund
repeals
HB 23-1301(2023A)· signed
Revisor's Bill
repeals
SB 25-264(2025A)· signed
Cash Fund Transfers to the General Fund

Votes

BILL
2022-04-07 · Senate · passYes: 32 · No: 2 · Other:
BILL
2022-03-31 · House · passYes: 61 · No: 4 · Other: