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HB 24-1398

signed

Transfers to Procurement Technical Assistance Fund

Plain-English Summary

AI-generated

House Bill 24-1398 extends the period for which $220,000 is annually transferred from the general fund to the procurement technical assistance cash fund by ten years, until July 1, 2034. This bill benefits businesses and organizations that receive support through procurement technical assistance programs in Colorado. The governor signed it into law on April 18, 2024, meaning these annual transfers will now continue as planned until the new end date.

Official Summary

The act extends the period for which annual general fund transfers of $220,000 are made to the procurement technical assistance cash fund by 10 years so that the last transfer is made on July 1, 2034, rather than July 1, 2024. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)

Details

Chamber
House
First action
2024-04-18
Latest action
2024-03-25
Last action desc.
Introduced In House - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Votes

BILL
2024-04-05 · Senate · passYes: 23 · No: 1 · Other:
BILL
2024-04-01 · House · passYes: 47 · No: 17 · Other: