SB 25-107

Senate Bill 25-107 amends the budget for Colorado's Department of Revenue, reducing its cash funds allocation. It also adjusts funding for improvements to the state’s electronic sales and use tax system. The bill has been signed into law, meaning the changes to the department's budget are now official. This affects how the Department of Revenue can spend money on various projects and initiatives in the 2024-25 fiscal year.

Official Summary

The 2024 general appropriations act is amended to balance and make adjustments to the total amount appropriated to the department of revenue. The cash funds portion of the appropriation is decreased. Amends House Bill 23-1017, concerning improvements to the electronic sales and use tax simplification system, to further appropriate the amount appropriated for the 2024-25 fiscal year. (Note: This summary applies to this bill as enacted.)

Votes