First Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
INTRODUCED
LLS NO. 25-0548.01 Craig Harper x3481
SENATE BILL 25-110
Senate Committees House Committees
Appropriations
A BILL FOR AN ACT
C
ONCERNING A SUPPLEMENTAL APPR OPRIATION TO THE DEPARTMENT101
OF THE TREASURY.102
Bill Summary
(Note: This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov
.)
Supplemental appropriations are made to the department of the
treasury.
Be it enacted by the General Assembly of the State of Colorado:1
SENATE SPONSORSHIP
Bridges, Amabile, Kirkmeyer
HOUSE SPONSORSHIP
Bird, Sirota, Taggart
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law. SECTION 1. Appropriation to the department of the treasury1
for the fiscal year beginning July 1, 2024. In Session Laws of Colorado2
2024, section 2 of chapter 519, (HB 24-1430), amend Part XXIII as3
follows:4
Section 2. Appropriation.5
SB25-110
-2- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
PART XXIII 1
DEPARTMENT OF THE TREASURY 2
3
(1) ADMINISTRATION 4
Personal Services 5 4,745,899 3,639,541 1,106,358
a
6 (37.5 FTE)
Health, Life, and Dental 7 648,766 390,878 257,888
b
Short-term Disability 8 7,476 4,772 2,704
b
Paid Family and Medical 9
Leave Insurance 10 22,256 14,221 8,035
b
Unfunded Liability 11
Amortization Equalization 12
Disbursement Payments 13 436,900 284,242 152,658
b
Salary Survey 14 153,814 100,411 53,403
b
Step Pay 15 102,735 57,369 45,366
b
SB25-110
-3- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
PERA Direct Distribution 1 75,527 49,137 26,390
b
Workers' Compensation and 2
Payment to Risk 3
Management and Property 4
Funds 5 35,707 35,707
Operating Expenses 6 2,192,234 2,192,234
Information Technology 7
Asset Maintenance 8 18,000 9,000 9,000
b
Legal Services 9 122,197 38,060 84,137
c
Capitol Complex Leased 10
Space 11 62,530 37,285 25,245
b
Payments to OIT 12 235,606
141,364
94,242
b
13 265,730 155,374 110,356
b
CORE Operations 14 185,258 83,366 101,892
b
Charter School Facilities 15
Financing Services 16 7,5007,500(I)
d
SB25-110
-4- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
Discretionary Fund 1 5,000 5,000
2 9,057,405
3 9,087,529 4
a
Of this amount, $887,488 shall be from cash management transaction fees pursuant to Section 24-36-120, C.R.S., and $218,870 sh all be from the Unclaimed Property Trust Fund created 5
in Section 38-13-801 (1)(a), C.R.S. 6
b
These amounts shall be from the principal balance of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C. R.S. 7
c
Of this amount, it is estimated that $57,142(I) shall be from the State Public Financing Cash Fund created in Section 24-36-12 1 (7)(a), C.R.S., $23,292 shall be from the principal balance 8
of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C.R.S., and $3,703 shall be from interest or income e arned on the investment of the money in the Public School 9
Fund pursuant to Section 22-41-102, C.R.S. Appropriations from the State Public Financing Cash Fund are shown for informational purposes only because the State Public Financing 10
Cash Fund is continuously appropriated to the State Treasurer pursuant to Section 24-36-121 (7)(a), C.R.S. 11
d
This amount shall be from the Charter School Financing Administrative Cash Fund created in Section 22-30.5-406 (1)(c)(I), C.R. S. Money from the Charter School Financing 12
Administrative Cash Fund is continuously appropriated and is included for informational purposes to comply with the limitation on state fiscal year spending imposed by Section 20 13
of Article X of the State Constitution. 14
15
16
SB25-110
-5- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
(2) UNCLAIMED PROPERTY PROGRAM 1
Personal Services 2 1,900,442 1,900,442
a
3(24.0 FTE)
Operating Expenses 4 1,348,180
1,348,180
a
5 1,395,610 1,395,610
a
Promotion and 6
Correspondence 7 200,000 200,000
a
Contract Auditor Services 8 800,000 800,000(I)
b
9 4,248,622
10 4,296,052
11
a
These amounts shall be from the principal balance of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C. R.S. 12
b
This amount shall be from revenues collected by contract audito rs. This amount is included for informational purposes only and is continuously appropriated for payment of contract 13
services pursuant to Section 38-13-801 (2)(b), C.R.S. 14
15
SB25-110
-6- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
(3) SPECIAL PURPOSE 1
Senior Citizen and Disabled 2
Veteran Property Tax 3
Exemption 4 175,301,704 175,301,704(I)
a
Household Financial 5
Recovery Program 6 200,000 200,000
Business Personal Property 7
Tax Exemption 8 17,768,619 17,768,619(I)
b
Highway Users Tax Fund - 9
County Payments 10 209,464,904 209,464,904(I)
c
Highway Users Tax Fund - 11
Municipality Payments 12 136,340,258 136,340,258(I)
c
Property Tax 13
Reimbursement for 14
Property Destroyed by 15
Natural Cause 16 1,000,000 1,000,000
SB25-110
-7- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
Lease Purchase of 1
Academic Facilities 2
Pursuant to Section 3
23-19.9-102, C.R.S. 4 17,437,10017,437,100(I)
d
Lease Purchase of 5
Academic Facilities 6
Pursuant to Section 7
24-82-803, C.R.S. 8 4,753,0004,753,000(I)
e
Public School Fund 9
Investment Board Pursuant 10
to Section 22-41-102.5, 11
C.R.S. 12 1,760,000 1,760,000
f
S.B. 17-267 13
Collateralization Lease 14
Purchase Payments 15 150,000,000 100,000,000 50,000,000
g
SB25-110
-8- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
Direct Distribution for 1
Unfunded Actuarial 2
Accrued PERA Liability 3 225,000,000 165,371,147
59,628,853(I)
h
4165,371,147(I)
j
Law Enforcement Officers' 5
and Firefighters' 6
Continuation of Health 7
Benefits Program 8 150,000 150,000
i
9 939,175,585
10
a
Pursuant to Section 3.5 (3) of Article X of the State Constitution, this amount is not subject to the limitation on General Fu nd appropriations set forth in Section 24-75-201.1 (1)(a), 11
C.R.S., because enactment of this constitutional provision by the people of Colorado constitutes voter approval of a weakening of such limitation. This amount reflects the estimate of 12
the money that shall be paid to fully reimburse counties pursuant to Section 39-3-207 (4)(a), C.R.S., for lost property tax rev enues as a result of property owners claiming the exemption. 13
b
This amount is not subject to the limitation on General Fund appropriations set forth in Section 24-75-201.1 (1)(a), C.R.S., b ecause it is not a state general fund appropriation. This 14
amount reflects the estimate of the money that shall be paid to fully reimburse counties pursuant to Section 39-3-119.5 (3)(e), C.R.S., for the aggregate value of business personal property 15
that is exempt from property tax. 16
SB25-110
-9- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
c
These amounts represent estimated allocations from the Highway Users Tax Fund, created in Section 43-4-201 (1)(a), C.R.S. Thes e estimates of revenue distributions to counties and 1
municipalities pursuant to Sections 43-4- 205, 207, and 208, C.R.S., are included for informational purposes and for the purpose of complying with the limitation on stat e fiscal year 2
spending imposed by Section 20 of Article X of the State Constitution. 3
d
This amount shall be from funds transferred from the Lease Purchase of Academic Facilities line item in the Colorado Commissio n on Higher Education section of the Department of 4
Higher Education pursuant to Section 23-19.9-102, C.R.S. 5
e
This amount shall be from funds transferred from the Senate Bill 20-219 Lease Purchase Payments line item in the Colorado Comm ission on Higher Education section of the Department 6
of Higher Education pursuant to Section 24-82-803. 7
f This amount shall be from interest or income earned on the inve stment of the money in the Public School Fund pursuant to Secti on 22-41-102 (3)(h)(I), C.R.S. 8
g
This amount shall be from various cash funds under the control of the Transportation Commission pursuant to Section 24-82-1303 (2)(d)(II), C.R.S. 9
h
This amount shall be from funds transferred from the Department of Personnel. Pursuant to Section 24-51-414 (5), C.R.S., this amount is included for informational purposes and for 10
the purpose of complying with the limitation on state fiscal year spending imposed by Section 20 of Article X of the State Cons titution and represents part of the estimated amount of 11
the total distribution that is attributable to the state. 12
i
This amount shall be from the Law Enforcement Officers' and Fire fighters' Continuation of Benefits Fund created in Section 24-3 6-122 (2)(a), C.R.S. 13
j P
URSUANT TO
S
ECTION
24-51-414
(5),
C.R.S.,
THIS AMOUNT IS INCLUDED IN THE GENERAL APPROPRIATION BILL FOR INFORMATIONAL PURPOSES AND FOR THE PURPOSE OF COMPLYING
14
WITH THE LIMITATION ON STATE FISCAL YEAR SPENDING IMPOSED BY
S
ECTION
20
OF
A
RTICLE
X
OF THE
S
TATE
C
ONSTITUTION AND REPRESENTS THE ESTIMATED AMOUNT OF THE TOTAL
15
DISTRIBUTION THAT IS ATTRIBUTABLE TO PUBLIC EDUCATION FROM KINDERGARTEN THROUGH THE TWELFTH GRADE
. 16
SB25-110
-10- APPROPRIATION FROM
ITEM &
SUBTOTAL
TOTAL GENERAL
FUND
GENERAL
FUND
EXEMPT
CASH
FUNDS
REAPPROPRIATED
FUNDS
FEDERAL
FUNDS
1
2
TOTALS PART XXIII 3
(TREASURY) 4 $952,481,612
$466,724,057
a
$403,938,602
b
$81,818,953
c
5 $952,559,166 $466,738,067
a
$404,002,146
b
6
a
Of this amount, $293,070,323
$358,441,470 contains an (I) notation
AND
$193,070,323
IS NOT SUBJECT TO THE LIMITATION ON
G
ENERAL
F
UND APPROPRIATIONS IMPOSED BY
7
S
ECTION
24-75-201.1 (1)(a) (III), C.R.S. 8
b
Of this amount, $346,669,804 contains an (I) notation; $345,805,162 represents allocations of Highway Users Tax Fund revenues to counties and municipalities pursuant to Sections 9
43-4-205, 207, and 208, C.R.S. 10
c
This amount contains an (I) notation. 11
12
SB25-110
-11- SECTION 2. Safety clause. The general assembly finds,1
determines, and declares that this act is necessary for the immediate2
preservation of the public peace, health, or safety or for appropriations for3
the support and maintenance of the departments of the state and state4
institutions.5
SB25-110-12-