SB 23-294

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.)

Votes