Senate Bill 25-295 Introduced

LLS NO. 25-0986.01 Shelby Ross x4510
First Regular Session
Seventy-fifth General Assembly
State of Colorado

Senate Sponsorship

Amabile and Bridges, Kirkmeyer

House Sponsorship

Bird and Sirota, Taggart


Senate Committees

Appropriations

House Committees

No committees scheduled.


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removed from existing law
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added to existing law
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Senate Amendment
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House Amendment

A Bill for an Act


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. The bill creates the behavioral and mental health excise tax cash fund that is designated to hold money received from the firearm and ammunition excise tax (Proposition KK) for certain behavioral health-related purposes.

Current law requires $8 million that is received from Proposition KK to be transferred to the behavioral and mental health cash fund. The bill requires this money to instead be transferred to the behavioral and mental health excise tax cash fund.

The bill requires the state treasurer to transfer the Proposition KK money in the behavioral and mental health cash fund to the behavioral and mental health excise tax cash fund.

Current law repeals the behavioral and mental health cash fund on July 1, 2032. The bill changes the repeal date to July 1, 2027.