SB 25-263: Spending Authority Statutes - Colorado

Rerevised (04/10/2025) → Revised (04/09/2025) · 2 edits

MINOR

The bill text was updated from a 'Rerevised' version to a 'Revised' version, indicating it has been amended and adopted in the Second House. The sponsorship list was modified by removing the name 'Sirota' from the House sponsors. No substantive policy changes regarding scope, funding, eligibility, or requirements were identified in this markup.

TECHNICAL

Removed the name 'Sirota' from the House sponsorship list, likely due to a change in co-sponsorship or a clerical correction.

Updated the revision status header from 'REREVISED' to 'REVISED' and adjusted the accompanying text to reflect that amendments were adopted on Second Reading in the Second House.

Final Act (04/16/2025) → Rerevised (04/10/2025) · 1 edit

MINOR

The bill was rerevised to update the repeal dates for several statutes governing state spending authority from September 1, 2025, to September 1, 2030, extending the temporary flexibility for transfers and overexpenditures by five years. The substantive policy content remains largely unchanged, with the primary revision being the extension of the sunset dates for these provisions.

Scope change

The scope of the bill remains the same, but the applicability period for the temporary spending authority provisions has been extended from 2025 to 2030.

TIMELINE

Extended the repeal date for multiple spending authority statutes from September 1, 2025, to September 1, 2030, allowing continued flexibility for transfers and overexpenditures for an additional five years.

Signed Act (04/25/2025) → Final Act (04/16/2025) · 3 edits

MINOR

This bill extends the repeal date for several Colorado statutes that govern spending authority, transfers, and overexpenditures from September 1, 2025, to September 1, 2030. The changes primarily correct a typo in the original text ('Scptenibcr' to 'September') and update the effective dates across multiple sections to align with the extended timeline. This matters because it delays the expiration of certain financial flexibility provisions for state agencies, allowing them to continue using these mechanisms for an additional five years.

Scope change

The bill's scope remains focused on extending the repeal of specific statutes related to state spending authority, but the effective dates for these repeals were extended from 2025 to 2030.

TIMELINE

Extended the repeal effective date for multiple statutes (24-75-105, 24-75-106, 24-75-106.5, 24-75-107, 24-75-108, 24-75-109, and 24-75-110) from September 1, 2025, to September 1, 2030.

TECHNICAL

Corrected a typo in the original text where 'Scptenibcr' was changed to 'September' in multiple sections.

Added a note indicating the bill is prepared for signatures by legislative officers and the Governor, along with updated signature lines for legislative leaders and the Governor.

Reengrossed (04/03/2025) → Signed Act (04/25/2025) · 3 edits · Apr 25, 2025

MINOR

This bill extends the repeal date of several Colorado statutes that govern spending authority and transfers between appropriations from September 1, 2025, to September 1, 2030. It also clarifies rules about which transfers between budget line items count as being for 'like purposes' and adds a specific restriction on transfers within the Department of Corrections.

Scope change

The bill's scope expanded by extending the expiration of multiple spending authority statutes by five years and adding new restrictions on Department of Corrections transfers.

TIMELINE

Extended the repeal date of multiple statutes (24-75-105, 24-75-106, 24-75-106.5, 24-75-107, 24-75-109, and 24-75-110) from September 1, 2025, to September 1, 2030, allowing continued use of transfer and overexpenditure authorities for an additional five years.

REQUIREMENT

Added a new provision (24-75-108(2)(h)) specifying 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 considered transfers for like purposes.

DEFINITION

Clarified the definition of 'like purposes' for intradepartmental transfers by adding text stating that both line items must be for the same specified purpose as defined in section 24-75-112.

Engrossed (04/02/2025) → Reengrossed (04/03/2025) · 2 edits · Apr 3, 2025

MINOR

The bill was reengrossed to incorporate all amendments adopted during the House of Introduction, updating the version status from 'Engrossed' to 'Reengrossed' and adding a 3rd Reading Unamended stamp dated April 3, 2025. No substantive policy changes to the bill's content were made in this update.

TECHNICAL

Updated bill version status from 'Engrossed' to 'Reengrossed' to reflect that all House amendments have been incorporated.

Added '3rd Reading Unamended' stamp with date April 3, 2025 to indicate the bill's current legislative status.

Introduced (03/31/2025) → Engrossed (04/02/2025) · 2 edits · Apr 3, 2025

MINOR

The bill was reengrossed with amendments primarily extending the repeal date for certain cash fund transfer provisions from September 1, 2025 to September 1, 2030, and updating the bill's status from 'Introduced' to 'Engrossed' with all House amendments incorporated.

Scope change

The bill's scope remains focused on repealing specific cash fund transfer statutes, but the timeline for when these repeals take effect has been significantly extended.

TIMELINE

The repeal date for sections 24-75-107 and 24-75-106 was changed from September 1, 2025 to September 1, 2030, delaying the removal of these cash fund transfer provisions by five years.

TECHNICAL

The bill header was updated from 'Introduced' to 'Engrossed' to reflect that all amendments adopted during the second reading in the House of Introduction have been incorporated into this version.

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