HB 22-1173

House Bill 22-1173 adjusts how money is allocated to the Department of Health Care Policy and Financing in Colorado. It reduces state funding but increases federal and other funds, helping to balance the budget for the department. The bill also allows for additional funding to cover any overspending from the previous year. Since it has been signed into law, these changes are now in effect and will impact how the department manages its finances moving forward.

Official Summary

The 2021 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 and reappropriated funds portions of the appropriation are decreased and the cash funds and federal funds portions are increased. A new appropriation to the department for overexpenditures of line item appropriations in the 2020 long bill is made. (Note: This summary applies to this bill as enacted.)

Votes