SB 25-264 Colorado Senate · 2025 Regular Session

Cash Fund Transfers to the General Fund

Summary

The act requires the state treasurer to make the following transfers of money from certain cash funds to the general fund. On June 30, 2025, the state treasurer is required to transfer the following amounts to the general fund: $6,338,640 from the legislative department cash fund; $500,000 from the scale-up grant fund; $500,000 from the qualified apprenticeship intermediary grant fund; $700,000 from the petroleum cleanup and redevelopment fund; $15,000,000 from the major medical insurance fund; $200,000 from the division of securities cash fund; $200,000 from the division of banking cash fund; $200,000 from the division of real estate cash fund; $1,372,843 from the division of professions and occupations cash fund; $1,750,000 from the prescription drug monitoring fund; The unexpended and unencumbered balance of the high-cost special education trust fund; The unexpended and unencumbered balance of the dropout prevention activity grant fund; The unexpended and unencumbered balance of the full-day kindergarten facility capital construction fund; The unexpended and unencumbered balance of the financial reporting fund; The excess uncommitted reserve balance of the private occupational schools fund; The unexpended and unencumbered balance of the private activity bond allocations fund that exceeds $100,000. This transfer is an annual transfer at the end of each state fiscal year. $3,068,634 from the peace officers behavioral health support and community partnership fund; $200,000 from the witness protection fund; $500,000 from the state's mission for assistance in recruiting and training (SMART) policing grant fund; $7,000,000 from the technology risk prevention and response fund; $11,011,550 from the advanced industries acceleration cash fund; $8,500,000 from the innovative housing incentive program fund; The unexpended and unencumbered balance of the state employee reserve fund; The balances of the following cash funds, which were previously repealed: The rural schools cash fund; The teacher residency expansion program fund; and The public education fund; $200,000 from the affordable housing and home ownership cash fund; $1,800,000 from the vital statistics records cash fund; $14,000,000 from the electrifying school buses grant program cash fund; The unexpended and unencumbered balance of the Colorado health care services fund; The unexpended and unencumbered balance of the pediatric hospice care cash fund; The unexpended and unencumbered balance of the primary care provider sustainability fund; $620,000 from the agriculture management fund; The unexpended and unencumbered balance of the rodent pest control fund; $250,000 from the diseased livestock indemnity fund; $20,000 from the cervidae disease revolving fund; $200,000 from the board of assessment appeals cash fund; $10,000,000 from the local government severance tax fund; $200,000 from the Colorado telephone users with disabilities fund; $700,000 from the highway-rail crossing signalization fund; and $71,400,000 from the multimodal transportation and mitigation options fund. On July 1, 2025, the state treasurer is required to transfer the following amounts to the general fund: $125,000 from the energy fund; $154,862 from the innovative energy fund; $900,000 from the cannabis resource optimization cash fund; $512,570 from the community access to electric bicycles cash fund; $3,304,500 from the universal high school scholarship cash fund; $5,000,000 from the supplemental state contribution fund; The balance of the nutrients grant fund, which was previously repealed; $6,000,000 from the community impact cash fund; The unexpended and unencumbered balance of the electrifying school buses grant program cash fund; The unexpended and unencumbered balance of the natural disaster grant fund; $680,000 from the state funding for senior services contingency reserve fund; and $100,000 from the nuclear materials transportation fund. On June 30, 2026, the state treasurer is required to transfer $7,710,500 from the advanced industries acceleration cash fund to the general fund. The act also repeals the financial reporting fund, the state employee reserve fund, the Colorado health care services fund, the pediatric hospice care cash fund, and the primary care provider sustainability fund. (Note: This summary applies to this bill as enacted.)

Issues: ✗ Healthcare

Sub-Topics: Children's Health Prescription Drugs Primary Care

Bill status signed all 5 stages cleared

Introduction

Mar 2025

Committee Review

Apr 2025

Senate Passage

Apr 2025

House Passage

Apr 2025

Signed into Law

Apr 2025

Introduced Mar 31, 2025 Signed Apr 25, 2025

Maddy AI version diff · 7 comparisons

What changed between versions

Revised (04/09/2025) → PA1 (04/01/2025) · 4 edits

MODERATE

The bill's status changed from a revised version to a preamended version, indicating it is now in committee with amendments not yet adopted. The bill's substantive content regarding fund transfers remains unchanged, but the version now reflects pending committee amendments rather than finalized legislative text.

TECHNICAL

Document version changed from 'Revised' to 'Preamended', indicating this is an unofficial version with committee amendments not yet adopted on second reading.

Removed the '2nd Reading Unamended' date stamp (April 9, 2025) and replaced with 'Preamended' status.

Removed House and Senate committee stamps that indicated the bill had passed second reading unamended.

Added note clarifying this is an unofficial version including committee amendments not yet adopted on second reading.

Final Act (04/16/2025) → Rerevised (04/10/2025) · 11 edits

MAJOR

The bill was rerevised to expand its scope from 14 sections to 26 sections, adding new funding transfer requirements for additional state cash funds. The original version required transfers from 14 specific funds totaling approximately $26.5 million, while the revised version adds 12 new funds, increasing the total transfers to approximately $67.5 million. This expansion allows the General Fund to access more revenue from various state-specific funds by June 30, 2025.

Scope change

The bill's scope significantly expanded from 14 sections to 26 sections, adding 12 new funding transfer provisions that were not present in the original version.

FISCAL

Added 12 new sections requiring transfers from additional funds including the financial reporting fund, private occupational schools fund, private activity bond allocations fund, peace officers behavioral health support fund, witness protection fund, SMART policing grant fund, and technology risk prevention and response fund.

Increased total funding transfers from approximately $26.5 million to approximately $67.5 million by adding new fund sources to the General Fund.

Added Section 15 to require transfer of the unexpended and unencumbered balance of the private occupational schools fund to the General Fund.

Added Section 16 to require annual transfer of the unexpended and unencumbered balance of the private activity bond allocations fund that exceeds $100,000 to the General Fund.

Added Section 17 to require transfer of $3,068,634 from the peace officers behavioral health support and community partnership fund to the General Fund.

Added Section 18 to require transfer of $200,000 from the witness protection fund to the General Fund.

Added Section 19 to require transfer of $500,000 from the SMART policing grant fund to the General Fund.

Added Section 20 to require transfer of $7,000,000 from the technology risk prevention and response fund to the General Fund.

Added Section 25 to require transfer of $11,011,550 from the advanced industries acceleration cash fund to the General Fund.

Added Section 26 to require transfer of $8,500,000 from the innovative housing incentive program fund to the General Fund.

REQUIREMENT

Added Section 14 to require transfer of the unexpended and unencumbered balance of the financial reporting fund to the General Fund, with repeal effective July 1, 2026.

Floor votes · Senate Apr 3, 2025 · House Apr 10, 2025

How they voted

34–0

Passed · 1 other

Total votes 35

Apr 3, 2025

D Democratic23

22 Yea 1

95% Yea

R Republican12

12 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 25, 2025

Signed into law

Governor Signed

executive

Apr 10, 2025

Lower · Passed

House Third Reading Passed - No Amendments

lower

Apr 8, 2025

Lower · Passed

House Committee on Appropriations Refer Unamended to House Committee of the Whole

lower

Apr 3, 2025

Introduced

Introduced In House - Assigned to Appropriations

lower

Apr 3, 2025

Upper · Passed

Senate Third Reading Passed - No Amendments

upper

Apr 1, 2025

Upper · Passed

Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole

upper

Mar 31, 2025

Introduced

Introduced In Senate - Assigned to Appropriations

upper

4 primary · 4 co-sponsors