SB 23-135

Senate Bill 23-135, titled "Capital Construction Supplemental," adjusts funding for various capital construction projects in Colorado. It increases the total amounts allocated for these projects and extends the time frame during which this money can be used until project completion or a specific fiscal year deadline. The bill was signed into law by the governor on February 28, 2023, and became effective immediately on that same date. This means that the changes to funding availability are now in effect for ongoing and future capital construction projects.

Official Summary

The 2022 general appropriations act is amended to balance and make adjustments to the total amounts appropriated for capital construction projects. The capital construction fund and cash funds portions of the appropriation are increased. The 2019 general appropriations act is amended to add one new footnote to allow appropriations made to capital construction, controlled maintenance, department of military and veterans affairs, upgrade restrooms for code compliance, and Longmont readiness center to remain available until completion of the project or the close of the 2022-23 state fiscal year, whichever comes first. Another new footnote was added to allow appropriations made to capital construction, capital renewal and recapitalization, department of public health and environment, replace mechanical system, and laboratory building (capital renewal) to remain available until completion of the project or the close of the close of the 2024-25 state fiscal year, whichever comes first. The 2021 general appropriations act is amended to balance and make adjustments to the total amount appropriated for capital construction projects. The cash funds portion of the appropriation is increased. APPROVED by Governor February 28, 2023 EFFECTIVE February 28, 2023(Note: This summary applies to this bill as enacted.)

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