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SB 23-245

signed

Transfer To Revenue Loss Restoration Cash Fund

Plain-English Summary

AI-generated

Senate Bill 23-245 requires the state treasurer to move $8 million from a fund that supports digital inclusion programs to another fund aimed at restoring revenue losses. This transfer happened on June 1, 2023, and affects how money is allocated for technology access initiatives in Colorado. The bill was signed into law by the governor on April 20, 2023, and became effective immediately on that same day.

Official Summary

The act requires the state treasurer to transfer $8 million from the digital inclusion grant program fund to the revenue loss restoration cash fund on June 1, 2023. APPROVED by Governor April 20, 2023 EFFECTIVE April 20, 2023 (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2023-04-20
Latest action
2023-03-24
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Votes

BILL
2023-04-06 · House · passYes: 44 · No: 17 · Other:
BILL
2023-03-30 · Senate · passYes: 33 · No: 2 · Other: