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SB 23-294

signed

Increase General Fund Transfers To Capital Construction Fund

Plain-English Summary

AI-generated

Senate Bill 23-294 increases the amount of money transferred from Colorado's general fund to two specific funds. The capital construction fund will receive an additional $14,607,257, bringing its total transfer to $247,968,287. Additionally, the information technology capital account within the same fund will get an extra $3,605,507, making its total transfer $63,913,988. This bill has been signed into law and is now effective as of June 6, 2023, meaning these increased transfers are already happening.

Official Summary

The act increases the amounts of transfers from the general fund to the capital construction fund and from the general fund to the information technology capital account of the capital construction fund that are scheduled to be made on July 1, 2023, as follows: The transfer from the general fund to the capital construction fund is increased by $14,607,257, from $233,361,030 to $247,968,287; and The transfer from the general fund to the information technology capital account of the capital construction fund is increased by $3,605,507, from $60,308,481 to $63,913,988. APPROVED by Governor June 6, 2023 EFFECTIVE June 6, 2023 (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2023-06-06
Latest action
2023-04-19
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (61)

amends
SB 17-263(2017A)· signed
Capital-related Transfers Of Money
amends
HB 18-1372(2018A)· signed
Exempt Fund From Capital Construction Funding Mechanism
amends
SB 23-141(2023A)· signed
General Fund Transfers For Capital Construction
amends
HB 18-1340(2018A)· signed
Transfers Of Money For State's Infrastructure
amends
HB 22-1340(2022A)· signed
Capital-related Transfers Of Money
amends
HB 18-1170(2018A)· signed
Supplemental Appropriation - Capital Construction
amends
HB 22-1197(2022A)· signed
Effective Date Of Department Of Early Childhood
amends
SB 23-135(2023A)· signed
Capital Construction Supplemental
amends
HB 22-1195(2022A)· signed
Transfers From General Fund To Capital Construction Fund
amends
HB 22-1353(2022A)· signed
Public Safety Communications Transfer
amends
SB 18-034(2018A)· signed
Relocate Title 12 Gaming To New Title 44
amends
SB 18-274(2018A)· signed
Implement Prison Utilization Studies
amends
SB 17-172(2017A)· signed
Supplemental Appropriations Capital Construction
amends
HB 17-1171(2017A)· failed
Authorize New Transportation Revenue Anticipation Notes
amends
HB 18-1006(2018A)· signed
Infant Newborn Screening
amends
SB 22-206(2022A)· signed
Disaster Preparedness And Recovery Resources
amends
HB 22-1184(2022A)· signed
Capital Construction Supplemental
amends
HB 23-1301(2023A)· signed
Revisor's Bill
amends
SB 22-239(2022A)· signed
Buildings In The Capitol Complex
amends
SB 23-142(2023A)· signed
Information Technology Project Appropriation Process
amends
SB 23-243(2023A)· signed
General Fund Transfers To Capital Construction Fund
amends
HB 17-1346(2017A)· signed
Land Sale To Fort Logan Cemetery
amends
HB 18-1173(2018A)· signed
Supplemental General Fund Transfer Information Technology Capital Construction Account
amends
SB 23-250(2023A)· signed
Transfer From Severance Tax Operations Cash Fund
relates
SB 23-134(2023A)· signed
Department of Treasury Supplemental
relates
SB 23-117(2023A)· signed
Department of Health Care Policy & Financing Supplemental
relates
SB 17-162(2017A)· signed
Supplemental Appropriations Department of Health Care Policy & Financing
relates
HB 22-1197(2022A)· signed
Effective Date Of Department Of Early Childhood
relates
HB 22-1173(2022A)· signed
Department of Health Care Policy & Financing Supplemental
relates
HB 18-1035(2018A)· signed
Increase General Fund Reserve
relates
HB 18-1165(2018A)· signed
Supplemental Appropriation - Department Of Public Safety
relates
SB 17-169(2017A)· signed
Supplemental Appropriations Department of Revenue
relates
SB 17-294(2017A)· signed
Revisor's Bill
relates
HB 18-1161(2018A)· signed
Supplemental Appropriation - Dept Of Health Care Policy & Financing
relates
HB 18-1006(2018A)· signed
Infant Newborn Screening
relates
HB 22-1181(2022A)· signed
Department of Revenue Supplemental
relates
SB 23-128(2023A)· signed
Department of Public Health & Environment Supplemental
relates
SB 23-131(2023A)· signed
Department of Revenue Supplemental
relates
HB 18-1158(2018A)· signed
Supplemental Appropriation - Dept Of Corrections
relates
SB 17-164(2017A)· signed
Supplemental Appropriations Judicial Department
relates
SB 17-266(2017A)· signed
State General Fund Reserve Reduction For FY2016-17
relates
SB 23-141(2023A)· signed
General Fund Transfers For Capital Construction
relates
HB 18-1173(2018A)· signed
Supplemental General Fund Transfer Information Technology Capital Construction Account
relates
SB 18-274(2018A)· signed
Implement Prison Utilization Studies
relates
HB 18-1340(2018A)· signed
Transfers Of Money For State's Infrastructure
relates
SB 18-276(2018A)· signed
Increase General Fund Reserve
relates
HB 18-1167(2018A)· signed
Supplemental Appropriation - Dept Of Revenue
relates
HB 22-1183(2022A)· signed
Department of Treasury Supplemental
relates
HB 22-1340(2022A)· signed
Capital-related Transfers Of Money
relates
HB 18-1163(2018A)· signed
Supplemental Appropriation - Judicial Department
relates
HB 18-1169(2018A)· signed
Supplemental Appropriation - Department Of Treasury
relates
HB 22-1133(2022A)· signed
Family And Medical Leave Insurance Fund
relates
SB 17-159(2017A)· signed
Supplemental Appropriations Department of Corrections
relates
HB 22-1195(2022A)· signed
Transfers From General Fund To Capital Construction Fund
relates
SB 23-221(2023A)· signed
Healthy School Meals For All Program Fund
relates
SB 17-168(2017A)· signed
Supplemental Appropriations Department of Public Safety
relates
SB 17-263(2017A)· signed
Capital-related Transfers Of Money
relates
SB 23-124(2023A)· signed
Department of Local Affairs Supplemental
relates
HB 22-1179(2022A)· signed
Department of Public Health & Environment Supplemental
relates
SB 23-243(2023A)· signed
General Fund Transfers To Capital Construction Fund
relates
HB 23-1290(2023A)· signed
Proposition EE Funding Retention Rate Reduction

Affected by (52)

amends
HB 23B-1005(2023B)· signed
Matters Related To Tax Relief For Tax Year 2023
amends
SB 25-310(2025A)· signed
Proposition 130 Implementation
amends
HB 26-1403(2026A)· signed
Information Technology Depreciation Lease Payments
amends
HB 24-1231(2024A)· signed
State Funding for Higher Education Projects
amends
HB 24-1215(2024A)· signed
Transfers to the Capital Construction Fund
amends
HB 26-1179(2026A)· signed
General Fund Transfer to Information Technology Capital Account
amends
SB 26-149(2026A)· signed
Pathways for Individuals with Mental Health Disorder
amends
SB 25-300(2025A)· signed
Revisor's Bill
amends
SB 23B-004(2023B)· signed
Property Tax Relief
relates
SB 25-104(2025A)· signed
Department of Public Health & Environment Supplemental
relates
HB 26-1411(2026A)· signed
Changes to Cover All Coloradans Program
relates
SB 24-222(2024A)· signed
State Funding to Relocate Two State Entities
relates
HB 26-1363(2026A)· signed
Temporarily Reduce General Fund Reserve
relates
HB 24-1423(2024A)· signed
Parks & Wildlife Cash Funds
relates
HB 26-1177(2026A)· signed
End Nursing Provider Wage Enhancement Payments
relates
SB 25-107(2025A)· signed
Department of Revenue Supplemental
relates
SB 25-110(2025A)· signed
Department of Treasury Supplemental
relates
SB 25-093(2025A)· signed
Department of Health Care Policy & Financing Supplemental
relates
SB 25-270(2025A)· signed
Enterprise Nursing Facility Provider Fees
relates
HB 25-1156(2025A)· signed
Make Senior Home Tax Valuation Reduction Permanent
relates
SB 25-262(2025A)· signed
Changes to Money in the Capital Construction Fund
relates
SB 25-214(2025A)· signed
Healthy School Meals for All Program
relates
HB 26-1155(2026A)· signed
Department of Health Care Policy & Financing Supplemental
relates
HB 24-1202(2024A)· signed
Department of Treasury Supplemental
relates
HB 24-1185(2024A)· signed
Department of Health Care Policy & Financing Supplemental
relates
HB 24-1215(2024A)· signed
Transfers to the Capital Construction Fund
relates
HB 24-1192(2024A)· signed
Department of Local Affairs Supplemental
relates
HB 26-1179(2026A)· signed
General Fund Transfer to Information Technology Capital Account
relates
HB 24-1196(2024A)· signed
Department of Public Health & Environment Supplemental
relates
HB 24-1425(2024A)· signed
Transfers for Capital Construction
relates
SB 24-224(2024A)· signed
Mitigate Future State Technology Debt
relates
SB 25-111(2025A)· signed
Capital Construction Supplemental
relates
SB 25-312(2025A)· signed
American Rescue Plan Act Funds
relates
HB 24-1199(2024A)· signed
Department of Revenue Supplemental
relates
HB 26-1165(2026A)· signed
Department of Public Health & Environment Supplemental
relates
SB 24-127(2024A)· signed
Regulate Dredged & Fill Material State Waters
relates
HB 26-1402(2026A)· signed
Transfer to Capital Construction Fund
relates
SB 25-100(2025A)· signed
Department of Local Affairs Supplemental
relates
HB 26-1168(2026A)· signed
Department of Revenue Supplemental
relates
HB 26-1171(2026A)· signed
Department of Treasury Supplemental
relates
SB 26-149(2026A)· signed
Pathways for Individuals with Mental Health Disorder
relates
HB 24-1465(2024A)· signed
Program Changes Refinance Coronavirus Recovery Funds
relates
HB 25-1313(2025A)· signed
Modify Laws Within Purview of the Capital Development Committee
relates
HB 26-1301(2026A)· failed
Hospital Funding
relates
SB 24-111(2024A)· signed
Senior Primary Residence Prop Tax Reduction
relates
HB 26-1161(2026A)· signed
Department of Local Affairs Supplemental
repeals
HB 26-1406(2026A)· signed
Repeal Capital Construction Funding Requirements
repeals
HB 24-1390(2024A)· signed
School Food Programs
repeals
SB 25-317(2025A)· signed
Transfer Cash Fund Investment Earnings to General Fund
repeals
HB 24-1466(2024A)· signed
Refinance Federal Coronavirus Recovery Funds
repeals
HB 24-1425(2024A)· signed
Transfers for Capital Construction
repeals
SB 24-222(2024A)· signed
State Funding to Relocate Two State Entities

Votes

BILL
2023-05-06 · House · pass — Yes: 60 · No: 5 · Other: —
BILL
2023-04-25 · Senate · pass — Yes: 35 · No: 0 · Other: —