Page 1
February 2, 2023 HB 23-1141
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Fiscal Note
Drafting Number:
Prime Sponsors:
LLS 23-0767
Rep. Lindsay; Story
Sen. Hinrichsen; Mullica
Date:
Bill Status:
Fiscal Analyst:
February 2, 2023
House Finance
Matt Bishop | 303-866-4796
matt.bishop@coleg.gov
Bill Topic: HISTORY COLORADO AUTHORITY TO SELL PROPERTY
Summary of
Fiscal Impact:
☒ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☐ Local Government
☐ Statutory Public Entity
The bill authorizes History Colorado to sell three properties. It increase state revenue
and minimally increases state workload in FY 2023-24.
Appropriation
Summary:
No appropriation is required.
Fiscal Note
Status:
The fiscal note reflects the introduced bill, as recommended by the Capital
Development Committee.
Summary of Legislation
The bill authorizes History Colorado to sell three properties in Central City, Denver, and Pueblo. The
sales are subject to approval by the Capital Development Committee and the State Controller. The
proceeds of any sale are credited to the State Museum Cash Fund to be used for a consolidated
collections care facility or for controlled maintenance expenditures for existing collections care and
storage facilities.
State Revenue
The disposition of real property, assumed to take place in FY 2023-24, will increase revenue to the
State Museum Cash Fund. This revenue depends on future terms of sale and has not been estimated.
State Expenditures
The approval of any sales will minimally increase workload in the Legislative Department and the
Department of Personnel and Administration. No change in appropriations is required.
Any expenditure from the State Museum Cash Fund for the purposes allowed by the bill will be
addressed through the annual budget process. Page 2
February 2, 2023 HB 23-1141
Effective Date
The bill takes effect upon signature of the Governor, or upon becoming law without his signature.
State and Local Government Contacts
History Colorado Personnel
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit: leg.colorado.gov/fiscalnotes.