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SB 23-250 CO
Became Law

Transfer From Severance Tax Operations Cash Fund

CO · session 2023A · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Mar 27, 2023

Latest action (Apr 28, 2023) Introduced In Senate - Assigned to Appropriations

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)

Action history (15)

  1. Apr 28, 2023 Governor Signed · executive
  2. Apr 27, 2023 Sent to the Governor · executive
  3. Apr 27, 2023 Signed by the Speaker of the House · lower
  4. Apr 26, 2023 Signed by the President of the Senate · upper
  5. Apr 18, 2023 Senate Considered House Amendments - Result was to Concur - Repass · upper
  6. Apr 17, 2023 House Third Reading Passed - No Amendments · lower
  7. Apr 15, 2023 House Third Reading Laid Over Daily - No Amendments · lower
  8. Apr 14, 2023 House Second Reading Special Order - Passed with Amendments - Floor · lower
  9. Apr 12, 2023 House Second Reading Laid Over Daily - No Amendments · lower
  10. Apr 10, 2023 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  11. Apr 5, 2023 Introduced In House - Assigned to Appropriations · lower
  12. Apr 3, 2023 Senate Third Reading Passed - No Amendments · upper
  13. Mar 31, 2023 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
  14. Mar 31, 2023 Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
  15. 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.

  • Signed Act (04/28/2023) · PDF
  • Final Act (04/27/2023) · PDF
  • Rerevised (04/17/2023) · PDF
  • Revised (04/14/2023) · PDF
  • Reengrossed (04/03/2023) · PDF
  • Engrossed (03/31/2023) · PDF
  • Introduced (03/27/2023) · PDF
  • PA1 (03/31/2023) · PDF
  • Committee Amendment · PDF

Full text

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