A Bill for an Act
Page 1, Line 101Concerning statutes governing spending authority, and, in
Page 1, Line 102connection therewith, extending the repeal date of
Page 1, Line 103certain statutes that allow transfers and
Page 1, Line 104overexpenditures in limited circumstances and
Page 1, Line 105clarifying which transfers between appropriations are
Page 1, Line 106for like purposes.
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 extends the repeal date from September 1, 2025, to September 1, 2030, for statutes authorizing the transfer of spending authority between line items in specified circumstances and allowing overexpenditures in excess of the amount authorized by an item of appropriation in specified circumstances.
The bill also clarifies which transfers between appropriations are for like purposes in the statute allowing for intradepartmental transfers and specifies that transfers between any line items of appropriation in the department of corrections that are not explicitly authorized in a footnote to the annual general appropriation act are not for like purposes.
Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 2, Line 2SECTION 1. In Colorado Revised Statutes, 24-75-105, amend (2) as follows:
Page 2, Line 324-75-105. Transfers required to implement conditional and
Page 2, Line 4centralized appropriations - repeal. (2) This section is repealed, effective
September 1, 2025Page 2, Line 5SECTION 2. In Colorado Revised Statutes, 24-75-106, amend (2) as follows:
Page 2, Line 624-75-106. Transfers between departments of health care
Page 2, Line 7policy and financing and human services for materially similar items
Page 2, Line 8of appropriation for medicaid programs - limitation - repeal. (2) This section is repealed, effective
September 1, 2025Page 2, Line 9SECTION 3. In Colorado Revised Statutes, 24-75-106.5, amend (5) as follows:
Page 2, Line 1024-75-106.5. Transfers between departments of health care
Page 2, Line 11policy and financing and human services for corresponding items of
Page 2, Line 12appropriation - limitations - repeal. (5) This section is repealed, effective
September 1, 2025Page 2, Line 13SECTION 4. In Colorado Revised Statutes, 24-75-107, amend
Page 2, Line 14(2) as follows:
Page 3, Line 124-75-107. Cash fund transfers pursuant to sections 24-75-105
Page 3, Line 2and 24-75-106 - repeal. (2) This section is repealed, effective
September 1, 2025Page 3, Line 3SECTION 5. In Colorado Revised Statutes, 24-75-108, amend (1), (2) introductory portion, and (11); and add (2)(h) as follows:
Page 3, Line 424-75-108. Intradepartmental transfers between
Page 3, Line 5appropriations - definition - repeal. (1) Upon approval by the
Page 3, Line 6governor, the head of a principal department of state government may, on
Page 3, Line 7or after May 1 of any fiscal year and before the forty-fifth day after the
Page 3, Line 8close of such fiscal year, transfer
moneysPage 3, Line 9appropriation made to the principal department in the general
Page 3, Line 10appropriation act to another item of appropriation made to the same
Page 3, Line 11principal department in said act; except that such transfers
shallPage 3, Line 12made only between appropriations for like purposes. A transfer is
Page 3, Line 13between appropriations for like purposes when both line items of
Page 3, Line 14appropriation are for the same specified purpose, as those
Page 3, Line 15purposes are defined in section 24-75-112. All transfers made
Page 3, Line 16pursuant to this section
shall bePage 3, Line 17(2) None of the following transfers
shall bePage 3, Line 18between like purposes within the meaning of subsection (1) of this section:
Page 3, Line 19(h) Transfers between any line items of appropriation in
Page 3, Line 20the department of corrections that are not explicitly
Page 3, Line 21authorized in a footnote to the annual general appropriation act.
Page 3, Line 22(11) This section is repealed, effective
September 1, 2025Page 4, Line 1SECTION 6. In Colorado Revised Statutes, 24-75-109, amend (6) as follows:
Page 4, Line 224-75-109. Controller may allow expenditures in excess of
Page 4, Line 3appropriations - limitations - appropriations for subsequent fiscal
Page 4, Line 4year restricted - repeal. (6) The controller may allow overexpenditures
Page 4, Line 5pursuant to this section only for the fiscal years beginning on or after July
Page 4, Line 61, 1998, but prior to
July 1, 2025September 1, 2025Page 4, Line 7SECTION 7. In Colorado Revised Statutes, 24-75-110, amend (2) as follows:
Page 4, Line 824-75-110. Limitation on judicial department - repeal. (2) This section is repealed, effective
September 1, 2025Page 4, Line 9SECTION 8. Safety clause. The general assembly finds,
Page 4, Line 10determines, and declares that this act is necessary for the immediate
Page 4, Line 11preservation of the public peace, health, or safety or for appropriations for
Page 4, Line 12the support and maintenance of the departments of the state and state institutions.