Colorado 2025 Regular Session

Colorado Senate Bill SB114 Latest Draft

Bill / Enrolled Version Filed 02/14/2025

                            SENATE BILL 25-114
BY SENATOR(S) Amabile and Kirkmeyer, Bridges;
also REPRESENTATIVE(S) Bird and Taggart, Sirota, Barron, Bottoms,
Bradley, Caldwell, Clifford, DeGraaf, Duran, Gonzalez R., Johnson, Keltie,
Suckla, Weinberg, Woog, McCluskie.
C
ONCERNING THE REPEAL OF THE FINANCIAL LITERACY AND EXCHANGE
PROGRAM
.
 
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. In Colorado Revised Statutes, 24-32-726, add (7)(c)
and (9) as follows:
24-32-726.  Financial literacy and exchange program - creation
- FLEX accounts - FLEX cash fund - transfer - short title - legislative
declaration - definitions - repeal. (7) (c)  O
N JUNE 30, 2025, THE STATE
TREASURER SHALL TRANSFER ALL THE UNEXPENDED AND UNENCUMBERED
MONEY IN THE 
FLEX FUND TO THE GENERAL FUND.
(9)  T
HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2025.
SECTION 2. Safety clause. The general assembly finds,
NOTE:  This bill has been prepared for the signatures of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
history, or the Session Laws.
________
Capital letters or bold & italic numbers indicate new material added to existing law; dashes
through words or numbers indicate deletions from existing law and such material is not part of
the act. determines, and declares that this act is necessary for the immediate
preservation of the public peace, health, or safety or for appropriations for
the support and maintenance of the departments of the state and state
institutions.
____________________________  ____________________________
James Rashad Coleman, Sr. Julie McCluskie
PRESIDENT OF SPEAKER OF THE HOUSE
THE SENATE OF REPRESENTATIVES
____________________________  ____________________________
Esther van Mourik Vanessa Reilly
SECRETARY OF CHIEF CLERK OF THE HOUSE
THE SENATE OF REPRESENTATIVES
            APPROVED________________________________________
                                                        (Date and Time)
                              _________________________________________
                             Jared S. Polis
                             GOVERNOR OF THE STATE OF COLORADO
PAGE 2-SENATE BILL 25-114