SB 23-117

Senate Bill 23-117 adjusts the budget for Colorado's Department of Health Care Policy and Financing by reducing state funds and increasing federal funds. It also addresses overexpenditures from the previous year and modifies an earlier bill related to early childhood programs, decreasing some appropriations but increasing federal funding for the department. The governor signed this bill into law on March 3, 2023, meaning it is now active and being implemented according to its provisions.

Official Summary

The 2022 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, cash funds, and reappropriated funds of the appropriation are decreased and the federal funds are increased. A new appropriation to the department for overexpenditures of line item appropriations in the 2021 long bill is made. House Bill 22-1295, concerning department early childhood and universal preschool program, is amended to decrease the amount appropriated to the department for use by the executive director's office, transfers to/from other departments and it is subject to the (M) notation defined in the general appropriation act. The amount the department will receive in federal funds is increased. APPROVED by Governor March 3, 2023 EFFECTIVE March 3, 2023 (Note: This summary applies to this bill as enacted.)

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