Senate Bill 25-249 Revised

A Bill for an Act

• Page 1, Line 101Concerning the repeal of the annual transfer of money from

• Page 1, Line 102the general fund to the state agency sustainability

• Page 1, Line 103revolving fund.

Bill Summary

(Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/.)

Joint Budget Committee. Current law directs the department of personnel to use the money in the state agency sustainability revolving fund (fund) to operate the office of sustainability and to assist in replacing the state's gas- and diesel-powered equipment that is located in ozone nonattainment areas with equivalent electric equipment. The state treasurer is required to transfer $400,000 from the general fund to the fund on July 1 of each year. The bill repeals the requirement for the annual transfer from the general fund to the fund.

• Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:

• Page 2, Line 2SECTION 1.  In Colorado Revised Statutes, 24-30-2304, amend (1) and (2) as follows:

• Page 2, Line 324-30-2304.  Revolving fund - definition. (1)  The state agency

• Page 2, Line 4sustainability revolving fund, referred to in this section as the "fund", is

• Page 2, Line 5created in the state treasury. The fund consists of money transferred to the

• Page 2, Line 6fund pursuant to subsection (2) of this section and any other money that

• Page 2, Line 7the general assembly may appropriate or transfer to the fund and any

• Page 2, Line 8gifts, grants, or donations that the department credits to the fund pursuant to subsection (5) of this section.

• Page 2, Line 9(2)  On July 1, 2024, and on July 1 each year thereafter, the state

• Page 2, Line 10treasurer shall transfer four hundred thousand dollars from the general

• Page 2, Line 11fund to the fund. The office shall allocate the money in the fund to assist

• Page 2, Line 12in replacing the state's gas and diesel-powered equipment that is located

• Page 2, Line 13in ozone nonattainment areas as designated by the U.S. environmental

• Page 2, Line 14protection agency with equivalent electric equipment, and to operate the office in accordance with this part 23.

• Page 2, Line 15SECTION 2.  Safety clause. The general assembly finds,

• Page 2, Line 16determines, and declares that this act is necessary for the immediate

• Page 2, Line 17preservation of the public peace, health, or safety or for appropriations for

• Page 2, Line 18the support and maintenance of the departments of the state and state institutions.