SB 23-250 CO Became Law
Transfer From Severance Tax Operations Cash Fund
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Summary
On July 1, 2023, the state treasurer is required to transfer $10 million from the severance tax operational fund to the capital construction fund. The money is to be used by state-supported institutions of higher education in energy impacted counties for energy-related programs or projects. For fiscal year 2023-24, the act appropriates $6 million from the capital construction fund and $3,108,609 in cash funds from Colorado Mesa university institutional reserves and donations to expand the university's campus-wide geothermal exchange system. For fiscal year 2023-24, the act appropriates $4 million to Western Colorado university to provide additional teaching and laboratory space for the university's petroleum geology program and to generally allow for the expansion of the natural and environmental sciences department. APPROVED by Governor April 28, 2023 EFFECTIVE April 28, 2023 (Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Kyle Mullica Democratic · primary
- Barbara Kirkmeyer Republican · primary
- Shannon Bird · primary
- Marc Catlin Republican · primary
Action history (15)
- Apr 28, 2023 Governor Signed · executive
- Apr 27, 2023 Sent to the Governor · executive
- Apr 27, 2023 Signed by the Speaker of the House · lower
- Apr 26, 2023 Signed by the President of the Senate · upper
- Apr 18, 2023 Senate Considered House Amendments - Result was to Concur - Repass · upper
- Apr 17, 2023 House Third Reading Passed - No Amendments · lower
- Apr 15, 2023 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 14, 2023 House Second Reading Special Order - Passed with Amendments - Floor · lower
- Apr 12, 2023 House Second Reading Laid Over Daily - No Amendments · lower
- Apr 10, 2023 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Apr 5, 2023 Introduced In House - Assigned to Appropriations · lower
- Apr 3, 2023 Senate Third Reading Passed - No Amendments · upper
- Mar 31, 2023 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
- Mar 31, 2023 Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
- Mar 27, 2023 Introduced In Senate - Assigned to Appropriations · upper
Text versions (9)
The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.
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